14 November UPS Confirms it is Project Mountain, Plans $196 Million Expansion in Jacksonville November 14, 2016 By Laura Pavlus Expansions and Relocations economic development, logistics, JAXUSA, UPS 0 The United States Parcel Service confirmed Friday afternoon it is the unnamed company in the economic incentive package that has been code-named 'Project Mountain.' Susan Rosenberg, a UPS spokeswoman, said the global logistics company worked closely with JaxUSA Partnership and city officials during the planning of the expansion project. That project will allow the company's Northwest Jacksonville regional distribution hub to increase the number of packages it can process per hour from 60,000 to 80,000 after investing $196 million. November 11, 2016 - Jacksonville Business Journal - Read Full Article Here More than 1,650 full and part-time UPS employees work at both the hub and its adjacent four package centers, according to a UPS news release. The economic incentive package was approved at Wednesday's City Council meeting. The economic incentive package provides UPS a Recapture Enhanced Value grant based on 50 percent of the increase in real and personal property taxes generated at the project site, which would equal a total of $4.3 million during a five year time frame. The company will also create 10 additional full-time jobs. Rosenberg said UPS has every reason to plan for increased package growth in the Jacksonville area. The expansion will bring the UPS facility to the third largest ground services distribution hub in the U.S. for the logistics giant. Also, all of the ground packages, including packages that come over rail, will be routed through the Jacksonville facility, Rosenberg said. "The Jacksonville hub is so pivotal for us because every package that flows through Florida will go through that facility," she said. Related Amazon Confirms 2nd Jacksonville Fulfillment Center and 1K Additional Full-Time Jobs Amazon announced plans to open a second fulfillment center in Jacksonville, Florida today (Jan. 4, 2017). The facility will add more than 1,000 full-time jobs with benefits starting on day one. In the Sunshine State, Amazon currently employs more than 4,000 full-time employees. Behind the Scenes at One of Jacksonville's Fastest-Growing Manufacturer's 60,000-square-foot Expansion After an $11 million, 60,000 square-foot expansion earlier this year, Green Cove Springs' Vac-Con (in Clay County, FL), which makes truck-mounted vacuums for utility maintenance, is still growing. Jacksonville is Open for Business and Willing to Make a Deal! Possibility flows - Clay County, Just South of Jax. Mayor Lenny Curry wants CEOs to know that Jacksonville is open for business and willing to make a deal. Jacksonville's Office Market Benefited from a Strengthening Economy as Job Creation Continued "With a growing population and a strengthening economy, both national and local businesses look to Jacksonville as a top-tier market for operations," said Colliers, which represented Gramercy Woods in the Aetna transaction. Companies Continue to See the Cost Savings and Advantages of Moving Jobs to Jacksonville “We can have a hard time attracting people to New England because of the cost of living, tax rates and weather,” he said. “But Jacksonville is very attractive for all three. It has a good labor pool, and we want to hire professional people and pay good wages.” Black Creek Project Gets Green Light KEYSTONE HEIGHTS – The St. Johns River Water Management District has approved a contract with an engineering firm for a multi-million dollar project to pipe water from the flood-prone Black Creek near Penney Farms to Lake Magnolia in Keystone Heights. The District approved a design bid from Jacksonville-based engineering firm CDM Smith and will now move to negotiate a contract. Their design work will be due by 2019. Showing 0 Comment Comments are closed.