Old Dominion rolls out Indianapolis expansion
Old Dominion Freight Line has embarked on a $22 million expansion of its regional hub in Indianapolis and will hire 183 additional employees by 2014.
As part of the expansion, Old Dominion will increase its Indianapolis service center by more than 84,000 square feet, from 223 doors to 325 doors, making it one of the largest centers in the company's network. The trucking company operates 213 service centers nationwide and maintains several major regional hubs, including Indianapolis.
'As we continue to grow as a company, the expanded Indianapolis service center will play a vital role in how freight moves through the Midwestern region of the country,' said David Congdon, Old Dominion's president and chief executive officer.
The Thomasville, N.C.-based company in recent quarters has seen a dramatic growth in shipments, including a 14 percent increase in tonnage moved during the second quarter of 2011. To handle this growth, the company plans to spend $100 million to $120 million this year to purchase real estate and expand facilities throughout its network.