Speedway seeking tax break for project to add hundreds of jobs

Speedway is eyeing a roughly $43 million expansion of its Enon headquarters that could mean hundreds of new jobs as the convenience store chain continues expanding into a national brand.

Company officials met with the Clark County commissioners this morning seeking a 100-percent, 15-year property tax abatement for a proposed project to expand the company’s headquarters in Enon. Local economic development officials said Speedway is also considering other sites, but is seeking the abatement to make sure the Enon site remains the most attractive option.

Documents provided as part of the application for the tax abatement show Speedway plans to hire more than 200 new full-time workers over the next few years as a result of Marathon Petroleum Corp.'s recent acquisition of Andeavor, a refining firm headquartered in Texas. Marathon is the parent company of Speedway.

Anthony Kenney, Speedway’s president, told members of the Springfield Rotary Club earlier this year that the deal would add as many as 1,100 convenience store outlets to Speedway’s portfolio. The new workers would likely provide office support and other duties for Speedway’s new locations.

MORE:

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Marathon review of Enon-based Speedway could include spin-off

Marathon, parent company of Speedway, to buy Andeavor

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About the Author

Matt Sanctis