MSC Industrial Plans $55M Facility Near Bolton Field
By Adrian Maties, Associate Editor
MSC Industrial Direct plans to build a 400,000-square-foot distribution center on a 70-acre parcel north of Bolton Field, on Columbus’ West Side. The facility will be Melville, N.Y.-based MSC’s fifth in the U.S., and will help support the company’s growth strategy and maintain its signature service model.
A late 2012 construction start is scheduled for the $55 million facility. MSC has obtained $9 million in tax breaks and other incentives from a variety of sources, including Columbus 2020, the city of Columbus, the state of Ohio, JobsOhio, Franklin County, the Columbus-Franklin County Finance Authority, and Columbia Gas. MSC expects to create about 300 new full-time jobs in Columbus over the next five years.
“After conducting a thorough review, Columbus provided the most compelling opportunity to expand our distribution network in the most cost-effective manner, in a region that fits well with our existing network and provides easy access to key markets and resources, as well as a rich pool of local talent,” said Doug Jones, MSC’s executive vice president for global supply chain operations. Jones added that he expects the investment to generate high long-term returns.
The company expects to complete construction and begin operation in late summer or early fall of 2014. MSC’s new distribution center will also be designed to accommodate future expansion.
Charts courtesy of CBRE.