$30M capital investment coming to Anderson

ANDERSON, Ind. (WISH) — A refrigerated warehouse company has picked Anderson as the location of its new 1 million square foot facility.

Interstate Warehousing representatives and the city officials broke ground on the development Wednesday. Phase one of the building will cover 240,000 square feet and employ 60 individuals. Executive vice-president Steve Tippman says his end goal is to expand the facility to 1,000,000 square foot and employ 600 people.

“Its a really large warehouse. Probably across the country, there’s probably only four or five warehouses that size,” said Tippman.

Interstate Warehousing is a company within the Fort Wayne-based Tippman Group Company, with facilities in Franklin and Indianapolis. This is the company’s first new facility since 2005.

“We’re a family-owned business. We’re in it for the long haul. We’re not about building something up and flipping it,” said Tippman. “Anderson will be tired of us before we’re tired of Anderson.”

Tippman explained his company stores and distributes refrigerated and frozen foods, and will be hiring for managerial positions along with employees to operate forklifts, run IT systems, and manage company sales.

Interstate Warehousing is moving into a developing area in Anderson at 73rd Street and Layton Street. Its neighbors are Nestle and NTN Driveshaft.

“It’s amazing, I mean there’s hundreds of millions of dollars of investment out here,” said Anderson Mayor Tom Broderick, citing Nestle’s new near $1 billion investment and NTN’s $300 million dollar investment.

“This is a starting phase of just $30 million but they intend to expand it many times over,” said Mayor Broderick.

After the ceremonial groundbreaking, heavy machinery was on hand to begin digging Wednesday, according to the mayor. The opening date for phase one of the building is set for August 2018.

“It’s really exciting to see this and the area continue to grow,” said Mayor Broderick. “There’s just a lot of excitement in the community as people see new jobs become available and new infrastructure coming in, and new businesses, and new tax dollars. It just is a big deal for the city.”