"As I travel across this great Hoosier state, I witness daily the endless possibilities that can result from a terrific idea," said Governor Mike Pence. "A great idea by two entrepreneurs led to the global success story of Vera Bradley. I'm proud that because of Indiana's low tax, pro-growth business climate, the company has been able to grow at an incredible rate right here at home, further proving that Indiana is a state that works for business."
The homegrown-Indiana company will invest approximately $26.6 million to expand and equip its current 40,000 square-foot design center by 149,000 square feet and expand its distribution center by 10,000 square feet. Both facilities are located on Stonebridge Road off the Lafayette Center Road exit on Interstate 69 and are expected to be operational next year.
"We are proud to invest in our home-state," said Barbara Bradley Baekgaard, chief creative officer and co-founder. "Our design center expansion will bring nearly all of our northeast Indiana employees together on one campus."
This is Vera Bradley's second major expansion in northeast Indiana in less than two years. In 2011, the company announced plans to invest $22.5 million to expand its Roanoke distribution center to 420,000 square feet, adding 124 new jobs.