rss

Clay County Business News

Find out the latest announcements and happenings around Clay County.

UPS Confirms it is Project Mountain, Plans $196 Million Expansion in Jacksonville

UPS Confirms it is Project Mountain, Plans $196 Million Expansion in Jacksonville

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.

Showing 0 Comment



Comments are closed.

Newsletter

Keep up on the latest news. Click below to subscribe to our newsletter.

Join Our Email List

About Our Mission

The Clay Florida Economic Development Corporation provides concierge service for companies who want to re-invest in expansion in the county or relocate their companies to the region.

Get in touch

  • Address: 1845 Town Center Blvd., Suite 110-B, Fleming Island, FL 32003

  • Phone: 904.375.9394

  • Email: bgarrison@chooseclay.com