The Finish Line, Inc. plans to expand its operations in Indianopolis, including adding more than 180 new jobs over the next five years. It plans to invest more than $34 million, which covers the expansion of its approximate 800,000 square-foot national distribution center and corporate headquarters located on Indianapolis east side.
“This expansion will support our continued growth in the United States,” said Alan Cohen, chief executive officer of Finish Line. “Finish Line is a home-grown Indiana company, and we are committed to Indianapolis and being an important part of the eastside community.”
The company, which employs more than 670 associates at its Indianapolis headquarters and distribution center and approximately 13,000 associates across the country, will hire corporate headquarters and distribution associates as the company expands its facilities over the five-year period.
The Indiana Economic Development Corporation offered Finish Line up to $2.055 million in performance-based tax credits and up to $250,000 in training grants based on the company’s job creation plans. Indianapolis will provide the company with a ten-year property tax abatement at the request of the Indy Partnership.
“I am excited that Finish Line has joined the growing list of companies that have chosen to grow their business in our community,” said Indianapolis mayor Greg Ballard. “Finish Line is well-known in Indianapolis as an important part of the community, particularly on the east side. As they examined their business options moving forward, I think it is telling they chose Indianapolis as their place to grow.”