Thrive Market, a membership-based online health foods and natural products store, plans to establish a fulfillment center in Batesville, Indiana. The company plans to create up to 250 new jobs by 2018.
The California-based company will invest $8.069 million to lease, renovate and equip a vacant 300,000-square-foot facility at 1736 Lammers Pike in Batesville, which was previously home to General Electric. The new fulfillment center will serve approximately two thirds of Thrive Market customers located in 35 states throughout the Midwest and Eastern U.S.
“We couldn’t be more thrilled to bring Thrive Market’s largest, most advanced fulfillment center to Indiana,” said John Winkles, Vice President of Operations at Thrive Market. “We are so grateful to the community for such a warm welcome and look forward to creating hundreds of jobs for the hardworking people of Batesville and the surrounding areas, who share our mission to make healthy food accessible to all American families.”
As an incentive, the Indiana Economic Development Corporation offered Thrive Market up to $1,250,000 in conditional tax credits and up to $50,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Batesville has approved additional incentives at the request of the Batesville Economic Development Commission.
“Batesville is excited to embrace Thrive Market – their business, their purpose and their people,” said Batesville Interim Mayor Gene Lambert. “Batesville is a great fit for their needs in more ways than just having available space. Thrive Market is the simple solution that empowers us all to live well, do good and thrive together. We are very excited about this investment and their belief in Batesville.”