Jefferson Development Authority approves bonds for company
The Jefferson Development Authority approved a $15 million bond inducement resolution in a called meeting Thursday for Systemax Inc., which plans to locate a large distribution center in the city.
The business will be located at 235 Hog Mountain Road and plans are to initially hire 400 people, with as many as 600 to 700 eventually to be hired. In addition to the distribution center, there will also be a 40,000 square foot retail center on the site.
[Full Story »]