Created on Thursday, 25 July 2013 Written by THE BELLEFONTAINE EXAMINER STAFF
MARION — NEX Transport Inc., located in East Liberty, has expanded its operations into a new site by leasing half of a 150,000-square-foot building located at 727 Perry St., Marion.
NEX provides contract packaging solutions, distribution, export and mass production for more than 100 suppliers in the United States, Canada and Mexico.
The Marion location will allow NEX to better serve a growing Honda supplier network.
“Space is getting harder to acquire in the Marion area due to the increased demand,” said Tim Echemann of Industrial Property Brokers, who helped broker the deal. “This building provides NEX with the space they need.”
NEX is expecting to create 45 full-time positions as part of their expansion at their East Liberty facility.
As a result of this project, they expect to generate an additional annual payroll of $1 million while retaining an existing payroll of $10.5 million.
The company plans to add a 100,000-square-foot building now and double it within two years.
NEX received a 100 percent, 10-year abatement on Logan County property taxes to help with the expansion.