Cosmetic Retailer ULTA Invests $51.6 Million In Greenwood, Indiana, Fulfillment And Distribution Center
The company, which offers prestige and mass beauty products through ULTA Beauty retail stores and Ulta.com, will lease and equip a 670,000 square-foot facility in Greenwood. This will be ULTA’s first Indiana fulfillment center, which is expected to start shipments in summer 2015. ULTA plans to begin hiring warehouse associates, material handlers, warehouse clerks and human resource professionals, as well as managerial positions and a distribution center director, at its new Greenwood location this summer.
“Everyone at ULTA Beauty is extremely pleased to expand our presence in Indiana and open our newest distribution center in Greenwood,” said Mary Dillon, CEO of ULTA. “The community will be a great fit for us as we build an operation that furthers our ability to meet the needs of our guests and provide a terrific experience. We are thrilled to be a part of Greenwood’s economic growth and look forward to being an active member of the business community.”
“Indiana is proud to welcome the ULTA distribution facility to our growing list of logistics centers operating throughout our state,” said Governor Sue Ellspermann. “Our central location and transportation infrastructure make us an ideal site for many companies to serve stores and customers in all parts of the U.S. Our business-friendly tax and regulatory policies plus our available workforce help us successfully compete for businesses that are looking to expand or relocate. And all of this means jobs for Hoosiers.”
As an incentive, Indiana Economic Development Corporation offered ULTA, Inc. up to $3,010,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. In addition, the city of Greenwood approved additional property tax abatement.
“This is great news for Greenwood and will serve as an anchor for development along the Graham Road corridor, and will provide hundreds of jobs,” said Mayor Mark Myers. "The infrastructure improvements will enable adjacent parcels to be shovel ready. The city of Greenwood is a good fit for ULTA because we both are known for providing ‘affordable indulgence.”
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