Just how many purses does a woman need anyway?
The answer must be plenty as Vera Bradley Inc. is at it again with a $26.6 million investment and a plan to create up to 128 new jobs by 2017, the company announced Friday.
Just two years ago, the handbag designer announced a $22.5 million expansion for its Roanoke distribution center to 420,000 square feet, adding 124 new jobs. Now, it plans to expand its present 40,000-square-foot design center by 149,000 square feet and grow its distribution center an additional 10,000 square feet.
Both locations are just south of Fort Wayne, off the Lafayette Center Road exit on Interstate 69. The expansions should be completed by next year.
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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 until Hoosiers are hired the company is not eligible to claim incentives. Allen County will consider additional property tax abatement, but officials were unavailable Friday to comment further.
