Mark Sell, CEO of MD Logistics, Inc. has announced that the company’s expansion of its pharmaceutical distribution operations is official with its new 15,000-square-foot cold storage facility being commissioned, qualified and entered into service the first week of February. The expanded operation anticipates creating as many as 75 new jobs by 2014.
The 12-year-old third-party logistics provider has invested $1 million in building and equipping the pharmaceutical-grade cold storage facility, built to U.S. Food and Drug Administration and current Good Manufacturing Practices (cGMP) standards. The facility will serve the company’s growing pharmaceutical distribution business whose needs have been met previously by its 22,000 square-foot cold storage center in Plainfield, approximately ten miles southwest of Indianapolis International Airport.
“The commissioning of the new cooler allows us to respond quickly in improving and expanding our services to customers in the growing biologic medicine and life sciences industry in Indiana,” stated Sell. “We are hearing from members of the pharmaceutical industry with needs for additional climate-controlled facilities.”
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The company operates more than 750,000 square feet of warehouse at three sites in Plainfield for clients in the pharmaceutical and electronics industries.
“It’s hard to believe that just five months ago we announced plans for this new facility, and today it’s complete and already providing a vital service to our growing life sciences community,” said Lt. Governor Becky Skillman.
The Indiana Economic Development Corporation offered MD Logistics up to $335,000 in performance-based tax credits and up to $50,000 in training grants based on the company’s job creation plans. The town of Plainfield will provide property tax abatement and recruiting assistance at the request of the Hendricks County Economic Development Partnership.
