E-commerce company VMInnovations said Tuesday that it plans to invest $4.75 million to open a distribution center in Plainfield that is expected to create 75 jobs by 2021.
The Lincoln, Nebraska-based company said the warehouse and logistics center, its fourth nationally, will be used to ship home and garden, electronic, outdoor, sporting, baby and spa products across the United States.
“Indiana’s central location made it an ideal place for a fulfillment center,” said Paul Prakapchuk, operations manager of VMInnovations, whose revenue has increased sixfold to $138 million since 2010. “Known as the Crossroads of America, the Hoosier state allows us to reach a significant amount of our customers in just one or two days, which is critical for operating an effective business.”
VMInnovations' distribution center will be in a 160,000-square-foot building it is renovating at 2812 Airwest Blvd. The company's existing fulfillment centers in Nebraska, Pennsylvania and Nevada employ more than 160 workers.
The Indiana Economic Development Corp. offered VMInnovations Inc. up to $400,000 in tax credits based on the company’s job-creation plans. The credits are performance-based, meaning the company can't claim them until employees are hired.
The town of Plainfield approved additional incentives at the request of the Hendricks County Economic Development Partnership and will consider incentives for future expansions.
Plainfield has become one of the nation's hot spots for logistics. Industrial buildings under roof in the town boast more than 35 million square feet of space, and more space is being built.