GREENCASTLE, Ind. - A clothing distributor in Greencastle plans to expand its operation, creating up to 242 new jobs by 2018.
Ascena Retail Group handles distribution for several women and girls' clothing brands, including the Justice, Lane Bryant, maurices, dressbarn and Catherines brands.
The company plans to invest $37 million to make its 123-acre Greencastle campus its primary distribution site, including building a 40,000-square-foot addition to the 794,000 square-foot facility.
"Ascena's decision to expand here is vote of confidence in the Indiana economy and the skilled workforce of Greencastle," Gov. Mitch Daniels said in a news release. "(The Greencastle facility) has employed generations of Hoosiers and we are happy that Ascena has chosen to make this facility and the Hoosier dtate a central part of its future."
Ascena, which currently employs 185 at the facility, expects to begin hiring additional distribution, warehouse and management associates this fall.
"The opportunity to consolidate all our ecommerce distribution under one roof -- to maximize labor, inventory and transportation efficiencies -- supports our strategies, and allows us to transform and expand our facility in Indiana," David Jaffe, president and chief executive officer of Ascena, said in a news release.
The Indiana Economic Development Corporation has offered Ascena up to $2,170,000 in conditional tax credits and up to $75,000 in training grants based on the company's job creation plans.
The city of Greencastle approved additional property tax abatement and other incentives.
"The announcement of this investment today represents the fourth expansion of their facility in the past 25 years," Greencastle Mayor Sue Murray said in a news release. "This is another example of how the great business climate in Greencastle is helping the community grow and prosper."