The Smith County Commissioners Court approved a five-year tax abatement for Averitt Express to construct a new service center on State Highway 155 near Interstate 20. The new $10 million 20,000-square-foot will add 25 new jobs over the next three years, with an average salary of $71,000, with benefits.
“Averitt Express is a leading freight transportation and supply chain management provider with international reach based in Cookeville, Tennessee. Our company plans to expand operations in Smith County to include the construction of a new, state-of-the-art service center. This investment will allow for a greater depth of services for customers and associates throughout the state as well as the creation of additional jobs for the community. Averitt looks forward to expanding our presence in this region of Texas” said Barry Blakely, Averitt Express President and Chief Operating Officer.
‘We are pleased that Averitt Express is investing in our community. This project will bring additional, quality jobs to Smith County. The Tyler Economic Development Council is appreciative of the Smith County Commissioners Court’s support of job creation that enhances the lives of our residents,’ said Scott Martinez, Tyler Economic Development Council President and CEO.
The project is expected to be completed by the first quarter of 2024.
Headquartered in Cookeville, TN, Averitt Express is a leading provider of freight transportation and supply chain management with international reach to more than 100 countries. Averitt specializes in delivering customized solutions for service offerings that include climate-controlled, cross border/domestic offshore, dedicated, expedited, intermodal, international ocean/air, local customization, less-than-truckload, PortSide®, retail distribution services, transportation management, truckload (dry van, flatbed, brokerage) and warehousing services.