Gordmans Invests $37 Million To Build A Distribution Center in Hendricks County, Indiana
The Omaha-based company plans to construct and equip a 545,000 square-foot facility in Hendricks County to support its continued growth. “Our company has experienced tremendous growth over the last few years, and, inclusive of the ten stores we plan to open in fiscal 2013, our store base will expand by almost 40 percent over a three-year period since the end of fiscal 2010,” said Jeff Gordman, president and chief executive officer of Gordmans. “Our growth has enabled us to continue to invest in our distribution and logistics infrastructure, our associates and our guests.”
“Gordmans is the latest company that has realized the benefits of locating logistics operations in the Hoosier State,” said Gov. Mike Pence. “With Indiana’s strong workforce, expansive infrastructure and welcoming business climate, we expect many more announcements like this one.”
As an incentive, the Indiana Economic Development Corporation offered Gordmans, Inc. up to $1,100,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning that until Hoosiers are hired, the company is not eligible to claim incentives. Hendricks County approved additional property tax abatement at the request of the Hendricks County Economic Development Partnership.
“Hendricks County is thrilled to welcome Gordmans to the local community and the state of Indiana,” said Nancy Johnson, a member of the Hendricks County Council. “The addition of a nationally known company and additional new jobs are a boost to our local economy, and we look forward to maintaining a long-standing relationship with the company.”
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