Subaru to invest $19 million in Gresham facility
Subaru of America Inc. is expanding its local operation with a more than $19 million investment after Gresham City Council approved a five-year enterprise zone exemption during a meeting Tuesday afternoon, Oct. 15.
This is the second time Subaru has taken advantage of the Gresham Enterprise Zone program, which encourages new investments and expansions among the industrial companies that call the city home.
The first was in 2015, when Subaru selected the Gresham Vista Business Park for the new location of their master distribution facility, completing work that was previously done in Japan. The 40 acre, 600,000-square-foot facility employs 36 people and is the first parts distribution facility of its kind in the United States.
The second application covers a $19,900,000 investment, including new equipment for the site. Subaru will expand the existing building by 236,225 square feet, and the work will allow for increased distribution capabilities to Subaru warehouses throughout the country.
Subaru will create four new jobs and pay a community service fee to the city in the final two years of the exemption period. Gresham estimates that fee to be $104,000, which will be used for economic development projects.
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