A global shipping company that’s in the midst of rapid expansion has chosen Glenville for its next distribution center and expects to add more than 120 jobs to the local workforce once operations are up and running.
Old Dominion Freight Line will begin construction this summer on a 40,000-square-foot facility inside the Glenville Business and Technology Park. The Schenectady County Industrial Development Agency approved the project Wednesday morning.
It’s investing $8.35 million in the project, which was given the go-ahead after county officials worked out a payment in lieu of taxes agreement on the 13-acre site Old Dominion wants to purchase, just off of Thruway Exit 26 near Dimension Fabricators. The company will pay all existing land taxes, with taxes on the new facility starting at 50 percent of what it’s assessed at in the first year and increasing in 5 percent increments over a decade.
“Old Dominion is a leading national company with many locations to choose from to build their new distribution center and we are pleased that they selected Schenectady County,” said Marty Finn, chairman of the county Legislature’s economic development committee and county IDA member. “We welcome Old Dominion’s investment in Glenville, creating new jobs and adding to our tax base. This is yet another major win for our county economic development efforts.”
The new facility is expected to bring 38 jobs to the area once construction wraps up next year. But with the company’s current growth rate, company officials told town and county officials to expect an eventual workforce of 121 at the site.
Old Dominion was founded in 1934 in Richmond, Va., but today is headquartered in North Carolina. It has annual sales of more than $2 billion and nearly 13,000 employees who move cargo, manage truck logistics and make deliveries across the county and abroad. In the first four months of this year alone, the company has opened new service centers in California, Iowa, Wisconsin and Arizona, and expanded centers in Pennsylvania, Wyoming, Ohio, Montana, Nevada and Kentucky.
The closest Old Dominion facility in the region is located off Warehouse Row near Fuller Road in Albany.
“This larger service center will assist Old Dominion in efficiently handling higher volumes of freight moving in and out of the Northeast,” said company spokesman David Carter in a news release. “In addition to cutting transit and delivery times, the new Glenville facility will allow us to maintain our promise of providing premier service to our customers.”
The facility it’s planning for Glenville is what’s known in the trucking industry as a cross-dock center — a long, rectangular building that allows workers to unload materials off an incoming tractor-trailer and load them directly onto outgoing trucks. The process reduces handling and operating costs and allows packages to get to distributors and customers faster.
Galesi Group owns the 13-acre parcel that Old Dominion will purchase at the entrance to the business park. In the meantime, county officials are hoping the deal lures other companies to the area.
“This is really a good logistics and distribution area because it’s centrally located to service the Northeast,” said Schenectady County Metroplex Development Authority Chairman Ray Gillen. “It’s amazing. They’re a huge company. They came and said, ‘Hey, we’re looking.’ They looked in western Massachusetts, down in the Hudson Valley; they looked east of here and west of here. But this site in Glenville is fantastic. It’s clean. It’s shovel-ready. It’s flat. It’s good to go.”
Town Supervisor Chris Koetzle called the project another example of the growth Glenville continues to experience.
“The town stands ready to work with the county and Old Dominion to ensure that the planning and siting process goes smoothly,” he said.