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Vera Bradley to invest $26M in expansion, add 128 jobs

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Handbag and luggage maker Vera Bradley Inc. plans to expand its design and distribution centers near Fort Wayne and plans to add up to 128 new jobs over the next four years.

The company announced Friday it plans to invest about $26.6 million to expand both its 40,000 square-foot design center by 149,000 square feet and its 420,000 square foot distribution center in Roanoke, 14 miles southwest of Fort Wayne, by 10,000 square feet.

The Journal Gazette reports the Indiana Economic Development Corp. has offered the company up to $1.75 million in conditional tax credits. The tax credits are performance-based, meaning the company is not eligible to claim incentives until people are hired.

The company announced a $22.5 million expansion for its distribution center two years ago, adding 124 jobs.

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  • How long will VB keep them
    Where are the tv station bloodhounds on this one? The last time Vera Bradley received tax credits or stimulus money didn't they use the money, downsize all the workers who earned benefits then claim job creation by hiring contract workers with no benefits to replace them? Sounds like a win-win for VB and no one else.
  • tax credits
    Tax credits to the wealthy to create minimum wage jobs that will not get anyone out of poverty. No wonder Pence did not want to expand Medicaid- The average wages in Indiana are on a downward trajectory that will have 90% of Hoosiers eligible for Medicaid if the program was expanded. Oh well, they can always go to Mexico.

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