Rogers city leaders were joined by Arkansas Gov. Asa Hutchinson to celebrate the massive expansion of logistics company Transplace in Northwest Arkansas.
A groundbreaking ceremony took place today at the building site, located on Magnolia Road near Interstate 49 in Rogers. Construction on the new 150,000-square-foot operations center is set to begin immediately, and Transplace is expected to provide hundreds of additional jobs as it transitions from its Lowell location to Rogers in early 2021. It currently employs more than 600 people in Northwest Arkansas.
Transplace is a leading providers of transportation management services and logistics technology solutions, and the new operations center in Rogers will support company growth and technology investment to meet the supply chain needs of its growing customer base. The center will accommodate Transplace’s plans to add hundreds of employees in the next several years and strengthen its ability to deliver technology and logistics services.
“Transplace has a deep heritage in Northwest Arkansas and has continued to expand its presence in the region over the past 20 years,” said Transplace CEO Frank McGuigan. “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.”
Rogers Mayor Greg Hines said he was pleased at today’s ceremony.
“The new operations center will provide many new, high-paying jobs for the area and many benefits to the region, now and into the future,” he said.
Transplace generated gross annual revenue of approximately $3 billion from more than 1,000 customers, Transplace has experienced tremendous growth in recent years – both organically and through acquisitions.
Talk Business & Politics reported that Transplace was created in 2000 by J.B. Hunt Transport Services and five other trucking companies — Swift Transportation, U.S. Xpress Enterprises, Covenant Transportation Group Inc., M.S. Carriers and Werner Enterprises. The business has changed hands several times. J.B. Hunt maintained majority ownership of Transplace until 2009, when it was acquired by private investment firm CI Capital Partners LLC of New York, the publication reported.
The new space will be designed with Transplace employees and customers in mind, and will reflect the company’s culture of innovation and collaboration.
McGuigan added, “Transplace is committed to providing innovative technology and logistics solutions that enable global shippers to better manage their supply chains, improve financial performance and deliver outstanding service to their customers. To achieve this goal and to deliver meaningful value to our customers, we need a collaborative, high-tech work space that attracts high-potential talent and is a place where employees can thrive. This new Transplace Center of Excellence will be a space where shippers and Transplace employees can collaborate towards better individual shipper solutions as well as cross-customer network solutions.”
Robbie Baty, Bill McClung and Marshall Saviers of Cushman & Wakefield represented Transplace in its property search, and Betty McIntosh and Carol Henderson, also of Cushman & Wakefield, provided business incentives services. The firm will also help oversee construction management, led by Kyle Bramlett.
HCH Consulting is the landlord and developer for the project, and Corgan is handling the interior architecture.
Pictured at the top: Arkansas Gov. Asa Hutchinson, Transplace CEO Frank McGuigan and Rogers community leaders helped kick off construction of Transplace’s new operations center in Rogers. The building should be complete in 2021.