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Hat World expansion to create 571 jobs in Indianapolis

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Hat World Inc., a retailer and manufacturer of sports hats and apparel, announced Thursday morning that it plans to expand its local headquarters and distribution operations, creating as many as 571 jobs by 2015.

The Indianapolis-based company, a subsidiary of Nashville, Tenn.-based Genesco Inc., said it plans to invest up to $22 million to lease and prepare additional space locally as it consolidates manufacturing and warehouse operations from Wisconsin.

Hat World’s 300 local employees currently work out of 195,000 square feet of leased space in Park 100 on the city’s northwest side. Hiring of additional workers is expected to begin this summer as new operations are phased in locally.

The Indiana Economic Development Corp. offered Hat World up to $4 million in performance-based tax credits based on the company’s job-creation plans. Indianapolis will consider additional property-tax abatement.

Founded in Lafayette in 1995, Hat World later moved to Indianapolis before being acquired by Genesco in 2004. The company operates more than 900 retail stores in 48 states.
 

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  • too soon to tell
    I know many political types like to tout all these jobs, but "by 2015" is a long way away and alot can happen. Weren't other jobs promised a few years back, yet not materialized.

    Don't count yer chikens b/4 thir hatched.
  • I'm with Larry
    It's tough to celebrate getting 500 minimum wage jobs here when the Mayor just sent a $16 million tech project to a firm in NYC.
  • Jobs are jobs
    Larry, We need minimum wage jobs because we have a large portion of the workforce who are qualified for these jobs (I know I'll take heat for saying that). We've been over paying in certain sectors and now the economy has reset so minimum skill jobs are again minimum wage. When I worked in a warehouse I earned $12.50 an hour I was being overpaid for my duties and skills. At this point people who used to earn a higher wage need to go get jobs, it's what I had to do. I earn 1/3 what I did 3 months ago but I'm earning so you aren't paying for my unemployment, health insurance and food.
  • Re: Awesome
    If it takes people off the streets than it is a good thing! Everybody needs to work...
  • larryjoe@yahoo.com
    just what we need in Indiana, 500+ more minimum wage warehouse jobs, WOOFREAKINHOO!!! (the Chinese really DO love us, just don't be late with the check, and make sure the payments are in AMERICAN dollars!)

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  1. If I were a developer I would be looking at the Fountain Square and Fletcher Place neighborhoods instead of Broad Ripple. I would avoid the dysfunctional BRVA with all of their headaches. It's like deciding between a Blackberry or an iPhone 5s smartphone. BR is greatly in need of updates. It has become stale and outdated. Whereas Fountain Square, Fletcher Place and Mass Ave have become the "new" Broad Ripples. Every time I see people on the strip in BR on the weekend I want to ask them, "How is it you are not familiar with Fountain Square or Mass Ave? You have choices and you choose BR?" Long vacant storefronts like the old Scholar's Inn Bake House and ZA, both on prominent corners, hurt the village's image. Many business on the strip could use updated facades. Cigarette butt covered sidewalks and graffiti covered walls don't help either. The whole strip just looks like it needs to be power washed. I know there is more to the BRV than the 700-1100 blocks of Broad Ripple Ave, but that is what people see when they think of BR. It will always be a nice place live, but is quickly becoming a not-so-nice place to visit.

  2. I sure hope so and would gladly join a law suit against them. They flat out rob people and their little punk scam artist telephone losers actually enjoy it. I would love to run into one of them some day!!

  3. Biggest scam ever!! Took 307 out of my bank ac count. Never received a single call! They prey on new small business and flat out rob them! Do not sign up with these thieves. I filed a complaint with the ftc. I suggest doing the same ic they robbed you too.

  4. Woohoo! We're #200!!! Absolutely disgusting. Bring on the congestion. Indianapolis NEEDS it.

  5. So Westfield invested about $30M in developing Grand Park and attendance to date is good enough that local hotel can't meet the demand. Carmel invested $180M in the Palladium - which generates zero hotel demand for its casino acts. Which Mayor made the better decision?

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