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

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.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: IBJ is now using a new comment system. Your Disqus account will no longer work on the IBJ site. Instead, you can leave a comment on stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Past comments are not currently showing up on stories, but they will be added in the coming weeks. Please note our updated comment policy that will govern how comments are moderated.