Transportation management and logistics company Transplace of Dallas broke ground Wednesday on a new operations center in Rogers.
Officials said the new 150,000-SF center, opening in 2021, will allow it to support future growth and better serve its customers. The company said it plans to add hundreds of new employees in the next several years.
The Arkansas Economic Development Commission is providing incentives for the project: five years of the “create rebate,” an annual cash rebate based on the number of jobs at the plant, at 3.9 percent; “tax back,” which provides sales tax refunds on building materials, taxable machinery and equipment associated with the project; and a use tax refund.
Transplace was formerly owned in part by J.B. Hunt Transport Services Inc. of Lowell. The company sold its stake in 2009. It has centers in Lowell and Stuttgart, in addition to others across the country.
“Transplace has a deep heritage in Northwest Arkansas and has continued to expand its presence in the region over the past 20 years,” CEO Frank McGuigan said. “Continuing to invest in this area, which has become a global logistics hub, supports our company vision and goals, while building value for our growing customer base and creating attractive opportunities for employees.”
Transplace says it is the largest managed transportation service provider in North America, generating gross revenue of $3 billion from more than 1,000 customers.
Arkansas Gov. Asa Hutchinson attended Wednesday’s groundbreaking.
“I am pleased Transplace has found the workforce and resources in Northwest Arkansas that will allow for their continued success and growth,” he said. “Arkansas has experience in the transportation industry and today’s technology sector, along with a dedicated, skilled workforce to meet this innovative company’s needs.”
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