Crossville Chronicle, Crossville, TN

Area News

September 18, 2012

TLD Logistics to build permanent facility in Crossville, add 30 jobs

CROSSVILLE — TLD Logistics announced last week it would be building a permanent location in Crossville in Interchange Business Park off Hwy. 127 N. bringing roughly 30 more jobs to Cumberland County.

The Knoxville headquartered company, has been operating a location in Crossville since 2010, but recently decided to make it more permanent.

David Jones, TLD president made the announcement last Friday and said the move will mean 30 additional jobs off the bat and an opportunity for plenty of expansion in the near future.

"It's exciting to be able to do this for our city and county. The city is excited and we are trying our best to fill this (Interchange Business) park. We have a variety of business and industry in Crossville. It's great people like you that make Crossville what it is," said Crossville City Councilman and Mayor Pro Tem Danny Wyatt.

"This is a big day for us to be making this announcement. We came here in 2010, providing a service with Flowers Baking as a carrier. When we were looking for another place to locate, Crossville kept coming up again and again. It was at the top of the list for location, diverse business, employee base, good local organizations and its leadership, like the Chamber of Commerce, made it easy for us to do business here," said David Jones, TLD president. "The area will allow us to grow."

The Crossville Cumberland County Chamber of Commerce held a ribbon-cutting ceremony at TDL, and the company offered a barbecue lunch for its employees and all attendees in honor of the celebration.

"We're happy that we're going to be making a permanent home in Crossville. This community means a lot to us, and I feel like we will mean a lot to the community," Jones said.

Jones said TLD currently employs 75 people in Crossville, but in the near future will add roughly 30 more jobs for drivers and some office workers. The company has 100 trucks in Crossville and 250 trailers and has an annual wage base of $5.5 million. With the expansion, Jones said its assets based in Crossville will be valued at $21 million.

TLD Logistics provides transportation services at Flowers Bakery and CoLinx.

TLD Logistics Services Inc. (TLD) was formed by Toyota Tsusho America, Inc. (TAI) after the purchase of L and D Transportation Services Inc. (L&D) in November 2008. Prior to the sale, L&D was a successful Tennessee-based corporation that was in business since 1980.

TAI is a wholly owned subsidiary of Toyota Tsusho Corporation, which was founded as a trading and supply chain specialist for the Toyota Group. TAI has been operating in North America since 1960, and through the years, has developed into a multi-business enterprise with diversified supply chains.

The company has $90 million in annual sales and has terminals in Crossville; Georgetown and Owensboro, KY; San Antonio, TX; Charleston, SC; Savannah, GA; and Houston, TX. The company has a total of 440 employees.

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