Anthony Wayne Vending in Fort Wayne, Ind. announced it will be constructing a new 11,250-square-foot steel building. The new construction will take place on a section of the old Fort Wayne Foundry lot. Anthony Wayne Vending is currently located at 530 Wolfe Drive.
The company will invest approximately $200,000 and add three new employees. The company expects to have the project completed in July 2012.
Anthony Wayne Vending will use the new building as a warehouse that will hold a new product line and allow for a growth in their client base. The new employees will be hired for router/delivery, service/maintenance, and supervisory roles which will add to their existing staff of twenty-nine employees. Anthony Wayne Vending is a full-service, locally owned and operated company, which provides various different vending machines and lines of coffee services.
"Adding the new building will enable us to expand and refine our current capabilities," stated Larry Yarnelle, president of Anthony Wayne Vending. "The investment will allow us to be more efficient in serving our clientele."
Fort Wayne City council will consider phasing in property taxes associated with the project. Anthony Wayne Vending could save approximately $30,080 while still paying over $30,688 in local property tax over ten years.
“It’s great to see a locally grown company like Anthony Wayne Vending continue to thrive and prosper. Fort Wayne is built for success and the expansion of this accomplished company is further testament to the strength of our City. Veteran companies like the 34-year-old Anthony Wayne Vending are the backbone of our economy,” said Fort Wayne Mayor Tom Henry.
