At A Glance:
What: HarperCollins Announces 1.6 mil sq ft supply chain logistics facility
Where: West side of the Ronald Reagan Logistics Center
When: Set to Open in 2028
HarperCollins Publishers one of the worlds largest book publishers announced today it will build a state-of-the-art supply chain logistics facility in Brownsburg, Indiana. The new 160 million dollar, 1.6 million-square-foot hub is set to open in 2028. The facility will be located on the west side of the Ronald Reagan Logistics Center, near the south west corner of the intersection of I-74 and Ronald Reagan Parkway.
The facility is expected to create more than 400 supply chain logistics jobs by 2029 and an additional 375 jobs during the construction phase.
This new facility will utilize automation to increase efficiency, speed, and reliability. With the capacity to ship more than 300 million books annually, it will allow for continued HarperCollins growth and future acquisitions.
Also known as Project Tahoe
Code Named Project Tahoe as it progresses through Town of Brownsburg governance. At the August 14th Council Meeting the council approved on first reading a 155 million dollar 10 year personal property tax abatement. “Once the abatement period has ended, this project has the potential to generate an estimated $1.2M in personal property taxes annually.” A public hearing on the tax abatement will be held during August 28th during the regularly scheduled Town Council Meeting.
HarperCollins also applied for a 10 year 5.5 million dollar Economic Development for a Growing Economy (EDGE) – Payroll Tax Credit from the State of Indiana Economic Development Corporation (IDEC).
HarperCollins also applied for an AES Economic Development Rider.
The facility is expected to create 275 jobs in 2028 and 137 jobs in 2029 totaling 412 with an average wage of approximately $30.00 per hour.
From the Press Release
“HarperCollins has experienced significant transformation and growth over the last 15 years, and now is the time to expand our North American footprint. This state-of-the-art facility is an investment in our authors, our customers, and the future of our business, positioning us for growth.”
“We are excited about the potential opportunity to partner with the state of Indiana, town of Brownsburg, and AES Indiana to bring this project to fruition, pending the final approval of all local, state, and electric utility economic development incentives previously committed to the project,” said Brian Murray, president HarperCollins Publishers
“We are thrilled that HarperCollins Publishers chose to build this state-of-the-art facility in Brownsburg. HarperCollins’s investment in our community will bring new, exciting employment opportunities and helps establish Brownsburg as an ideal location for business growth at the international level.” – said Town Council President Travis Tschaenn.
“At AES Indiana, we are committed to powering the growth and vitality of the communities we serve. That’s why we’re proud to support HarperCollins’s transformational investment in Brownsburg. Through our Economic Development Rider and tailored energy solutions, we are helping to bring more than 400 high-paying jobs to the area.” – said Brandi Davis-Handy, president of AES Indiana
HarperCollins Economic Incentives
Town of Brownsburg Materials
Town of Brownsburg staff recommends approval of a 10 year personal property tax abatement. Approval of this abatement will help facilitate a $155M personal property investment in the community that will generate an estimated $5.9M in personal property tax revenue over the next 10 years. Once the abatement period has ended, this project has the potential to generate an estimated $1.2M in personal property taxes annually. This is the only incentive offered by the Town of Brownsburg.- August 14tth, Town Council Meeting
AES Indiana Economic Development Custom Incentive Programs
AES Indiana Custom Incentives offers rebates and incentives to designed to help businesses reduce capital investment for energy-saving projects, while benefiting from reducing long-term energy costs.
AES Indiana Generic Economic Development Rider
This Rider shall be available, at the AES’s option, to non-residential Customers receiving service from the Company under Rates SL, PL, PH, and HL. This Rider is available for new or increased service requirements that result in increased employment opportunities or whose operations will promote economic development based on plant investment.
State of Indiana – Economic Development Corporation Incentives
HarperCollins also applied for a 10 year 5.5 million dollar Economic Development for a Growing Economy (EDGE) – Payroll Tax Credit from the State of Indiana Economic Development Corporation (IDEC).
The Brownsburg Sentinel has not yet confirmed the specific AES or IDEC incentive programs extended to HarperCollins.
Ronald Reagan Logistics Park – HarperCollins Publishers –
Located on the south west side of the intersection of I-74 and Ronald Reagan Parkway, the 1.6 million square foot facility will be built on the approximate 60 acre site (shown as two parcels noted in aqua and yellow above). The western border of the property will run nearly the entire length along North County Road 900E from US 136 to Interstate I-74.
>> Click Here << for directions.
About HarperCollins Publishers
HarperCollins Publishers is the second largest consumer book publisher in the world, with operations in 15 countries. With more than 200 years of history and 120+ branded imprints around the world, HarperCollins publishes approximately 10,000 new books every year in 16 languages and has a print and digital catalog of more than 250,000 titles. Writing across dozens of genres, HarperCollins authors include winners of the Nobel Prize, the Pulitzer Prize, the National Book Award, the Newbery and Caldecott Medals, and the Man Booker Prize. HarperCollins, headquartered in New York, is a subsidiary of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) and can be visited online at corporate.harpercollins.com.
Content courtesy of:
HarperCollins Press Release
Hendricks County Beacon
Town of Brownsburg
Google Maps
For More Information Contact:
HarperCollins
Erin Crum
HarperCollins Publishers
erin.crum@harpercollins.com
The Editor
