INDIANAPOLIS – Governor Eric J. Holcomb joined executives from Five Below, the trend-right, extreme-value retailer for tweens, teens and beyond, as the company announced plans to locate its Midwest distribution
(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.
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Wednesday, April 14, 2021 4:00 AM Ninth Avenue Foods, a beverage production company, announced plans today to locate in Indiana, establishing its Midwest headquarters and production facility in Bartholomew County. To support its growth, the company plans to create up to 111 new jobs by the end of 2025. Indiana s central location, strong agriculture sector and business-friendly climate make the Hoosier State the ideal spot for dairy processors, said Governor Eric J. Holcomb. Companies like Ninth Avenue Foods are the reason Indiana is home to a thriving, cutting-edge dairy industry, and we look forward to the company s continued growth as we work to create new careers and support Indiana farmers.”