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Navistar Project Promises Up to 154 Jobs in Urbana | OEDA

Navistar Project Promises Up to 154 Jobs in Urbana

Jun 20, 2017 | Uncategorized

Marcia Bailey.
Champaign Economic Partnership.
Strong community cooperation paved the way for construction of a $12 million, 355,000-square-foot distribution center in Urbana for truck builder Navistar. The project, to be completed in December 2017, will retain 114 jobs and could add up to another 40 for Urbana, with a total of about $7 million in payroll.

Navistar needs the facility to support an agreement to manufacture the cutaway model of the General Motors G Van at Navistar’s nearby Springfield assembly plant. The distribution center will house up to $16 million in inventory.

Construction began earlier this spring after approval of a Community Reinvestment Act (CRA) agreement that grants a 10-year, 100 percent tax exemption of real property tax to Damewood Enterprises, which owns the property where the facility is being built, in the Urbana Industrial Park.

To celebrate the economic development win, a groundbreaking ceremony was held May 18, with construction already well underway.

Developers of the project credited Urbana leaders – city and school officials and Champaign County’s economic development agency, the Champaign Economic Partnership – for easing the process and establishing the CRA.

“It’s so refreshing to work in the city of Urbana,” said Rich Irelan, Vice President of Sales and Marketing for Dublin Building Systems, which is building the distribution center. “We are going to promote more business in Urbana, Ohio, for sure.”

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Rural communities are prime targets for companies considering a corporate site location project. Rural areas in the U.S. cover 97 % of the nation’s land area but contain 19.3 % of the population who are more likely to own a single family home, are older and less likely to hold a bachelor’s degree or be in poverty than their urban counters.

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AEP Names Wells Vice President, Sales, Economic and Business Development

American Electric Power (Nasdaq: AEP) has promoted Timothy J. Wells to vice president, Sales, Economic and Business Development, effective Nov. 2, 2020. Wells replaces Mark James who retired last month.

Wells, 55, will lead AEP’s efforts to attract new commercial and industrial customers to its service territory and help existing customers take advantage of AEP’s growing menu of business consultation services. AEP has unique expertise in the energy field and has become a trusted energy advisor to many of its larger customers. Wells will be responsible for leading growth in services that fall outside of the distribution and transmission of electricity, in addition to helping communities bring new jobs to their local economies.

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