Ohio’s $100 Million Investment in Logistics Infrastructure Launched at Hyperlogistics Group

Columbus, Ohio - Hyperlogistics Group’s state-of-the-art warehouse facility was the setting on November 21, 2008 when Ohio’s leaders launched the $100 million Jobs Stimulus Package for development of infrastructure to expand and support logistics and distribution business in Ohio. Governor Ted Strickland addressed the crowd and provided an overview of the Jobs Stimulus Package and its impact on Ohio’s economic outlook. Lt. Governor and Ohio Director of Development Lee Fisher presented more detailed information about how the package will spur job creation. Ohio Department of Transportation Director Jim Beasley closed the presentation by summarizing current ODOT initiatives to concentrate on inter-modal transport.

”Ohio’s economic development strategy is built on the back of our logistics and infrastructure systems and Hyperlogistics Group was a perfect stage to showcase this $100 million investment from our Ohio Jobs Stimulus Plan,” said Lt. Governor Fisher. “Enhancing the movement of freight allows Ohio companies to launch Ohio products into new markets and better support our existing manufacturing and retail sectors.”

Located in Columbus Regional Airport Authority’s new Rickenbacker Global Logistics Park, Hyperlogistics Group provided an appropriate backdrop for the presentation. One of the country’s most advanced logistics hubs, Columbus Regional Airport Authority holds 1300 acres surrounding Rickenbacker airport with plans to develop 22 million square feet of warehousing and distribution space. As a Foreign Trade Zone approved warehousing and distribution center in Ohio, Hyperlogistics Group sits adjacent to Norfolk Southern’s Intermodal Terminal. This is the first facility ready to receive loaded-to-capacity containers on a roadway built specifically by the Columbus Regional Airport Authority to allow transport of overweigh loads.

Founded in 1973, Hyperlogistics Group performs warehouse, distribution and transportation functions in a unique and flexible manner in the logistics arena. Hyperlogistics Group works with each client on an individual and customized plan to improve efficiencies and reduce supply chain costs. For more information, visit www.hyperlog.com.