Thursday, September 24, 2020 12am to 12am
About this Event
HANCOCK COUNTY, Ind. (Sept. 24, 2020) – Walmart finalized plans today to establish a new fulfillment center in Hancock County and create up to 1,000 new jobs by the end of 2025. The facility will provide additional online fulfillment capabilities for the company as it continues to meet increasing online demand from customers. At 2.2 million square feet, this facility will be Walmart’s largest e-commerce fulfillment center in the U.S.
"It gives me a great deal of pride to see Walmart growing and expanding rapidly in the Hoosier state," said Indiana Secretary of Commerce Jim Schellinger. "As the Crossroads of America, we are perfectly positioned to support Walmart as they secure increasing customer demand and continue contributing to our state's economy, while providing new jobs to 1,000 Hoosiers in the process."
The Bentonville, Arkansas-based company will invest approximately $600 million to construct and equip its new facility on approximately 204 acres at 5300 W. 500 N. in an unincorporated part of Hancock County north of Mount Comfort and south of McCordsville. The new, state-of-the-art facility will allow Walmart to expand its e-commerce operations for both its own online inventory and recently-announced third-party fulfillment, Walmart Fulfillment Services (WFS), for vendors who hire the company to store, pack and ship items for customers. Construction is slated to begin this month, and the company expects to start fulfillment and distribution in the fall of 2022, reaching full operational capacity by spring of 2024.
“We’re pleased to work with the Indiana Economic Development Corporation on this project and appreciate their support to help bring new development and jobs to central Indiana, which is a key market for Walmart,” said Steve Miller, Walmart senior vice president, fulfillment operations. “We look forward to utilizing this fulfillment center to help meet increasing online shopping demands and ultimately serve our customers.”
As Walmart continues to expand online, the creation of WFS, powered by Walmart's state-of-the-art supply chain capabilities, allows Walmart.com Marketplace sellers to grow their businesses through WFS, managing shipping, returns and customer service. Business owners are able to send inventory to Walmart fulfillment centers, where the company stores the products securely and prepares them for shipping when an order is placed.
Walmart, which employs approximately 1.5 million associates nationwide including more than 41,000 in Indiana, will begin hiring in the spring of 2022 for positions in receiving, picking, packing, shipping and management. Interested applicants may apply online.
“We are very, very pleased that Walmart has found Hancock County, and the Mt. Comfort Road Corridor in particular, to be ideal for their operations,” said Hancock County Council President Bill Bolander. "Both Hancock County and the Hancock Economic Development Council will continue to work with Walmart to ensure a smooth and successful launch and continuing operation of their facility with regard to workforce, infrastructure and overall economic development improvements within the county.”
The Indiana Economic Development Corporation offered Walmart Fulfillment Services LLC up to $1.25 million in conditional tax credits based on the company’s job creation plans and up to $4.75 million in conditional tax credits from the Hoosier Business Investment (HBI) tax credit program based on the company’s planned capital investment in Indiana. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired and investments are made. The Hancock County Council and the Hancock County Redevelopment Commission approved additional incentives at the request of the Hancock Economic Development Council. Duke Energy offered additional incentives.
About Walmart
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, over 265 million customers and members visit approximately 11,500 stores under 56 banners in 27 countries and eCommerce websites. With fiscal year 2020 revenue of $524 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting www.corporate.walmart.com, on Facebook at www.facebook.com/walmart and on Twitter at www.twitter.com/walmart.
About IEDC
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.
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Media Contacts:
Robyn Babbitt (Walmart) – [email protected]
Erin Sweitzer (IEDC) – 317.296.2556 or [email protected]