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Discount retailer Five Below will locate a Midwest distribution center in central Indiana, creating more than 470 new jobs by the end of 2025, the company and the state announced Wednesday.
Discount retailer Five Below will locate a Midwest distribution center in central Indiana, creating more than 470 new jobs by the end of 2025, the company and the state announced Wednesday.
(photo courtesy of the Indiana Economic Development Corp.)
by: Alex Brown, Inside INdiana Business
Posted:
May 19, 2021 / 02:44 PM EST
SHELBY COUNTY, Ind. (Inside INdiana Business) Philadelphia-based Five Below Inc. (Nasdaq: FIVE) has made official its plans to open a new distribution center in Shelby County. The specialty discount retailer says it will invest more than $100 million to build the 1 million-square-foot facility, which will be known as Ship Center Indiana, near the Marion-Shelby county line and create more than 470 jobs by the end of 2025. The company joined Governor Eric Holcomb Wednesday morning for a ceremonial groundbreaking at the 100-acre site, which is located along the I-74 corridor.