“The redevelopment of Franklin Yards is a pro-jobs, pro-growth initiative for the region,” Congressman Turner said. “Franklin Yards is strategically located in the middle of the Dayton-Cincinnati corridor, thus offering regional businesses an alternative to centralized freight services. Franklin Yards delivers a rail alternative that Southwest Ohio currently lacks. The redevelopment of this transload facility will attract additional companies to the region.”
“Franklin Yards will afford businesses in the City of Franklin, Warren County and Southwest Ohio an alternative freight option that will provide cost savings, new market opportunities and a stronger logistically advantage to customers,” Warren County Commissioner Dave Young said.
Franklin Yards is a 220,000 square foot abandoned shingle factory currently undergoing a transformation into a multi-functional transload terminal. The city of Franklin was awarded a $1.6 million dollar State of Ohio Logistics and Distribution loan for the acquisition of capital equipment and renovations to the facility.
“Franklin Yards’ centralized facilities will help local companies expand their transport operation. Not only will Franklin Yards provide increased shipping options, but the new transload facility will create new jobs, both at Franklin Yards and throughout the regional business community. I am committed to working with community leaders on projects such as the Franklin Yards redevelopment which will create jobs and stimulate economic growth across Southwest Ohio,” Congressman Turner added.