TBC Corp. has outgrown its distribution center in southeast Memphis and has plans to start construction on a new facility in Rossville, Tenn., according to local media.
According to TBC, construction on a 1.5 million-square-foot warehouse will start as soon as possible and the company will move into the new facility between December 2016 and Jananuary 2017. The site will be located on the 1,600-acre Gateway Global Logistic Center that straddles the Tennessee and Mississippi state line. TBC said it is not a “done deal,” but, rather, a solid agreement has been made.
The move comes after the company decided it needed a larger and more modern facility closer to highways than its current 1-million-square-foot facility in Memphis. The Gateway Global location will make U.S. 72, Tenn. 385 and I-269 easily accessible.
According to local media, Fayette County and Rossville are giving TBC a 10-year tax break, and TBC is reportedly investing $65 million in the project, an amount TBC has not yet confirmed.