The move is part of a multi-billion dollar expansion plan to nearly double FedEx's daily package volume capacity in North America.
The 400,000 square-foot facility will sit on a 127-acre site and will cost about $87 million, according to a news release.
When it opens in 2009, the new hub initially will process 22,500 packages per hour. It will process 45,000 packages per hour when it reaches full capacity.
The 550 employees of the Toledo facility will be retained by the new hub, and employment could eventually increase to more than 800, the release said.
FedEx Ground currently operates 29 hubs and more than 500 local pickup and delivery facilities.
FedEx rival United Parcel Service Inc. operates its largest package-handling hub at Louisville International Airport.
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source: bizjournals.com
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