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The Scoop

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Verbatim: Vera Bradley to open new design center in Allen County

ROANOKE, Ind. (Sept. 22, 2011) -- Vera Bradley, Inc. (NASDAQ: VRA), designer of handbags, gifts, travel and accessories, announced plans today to expand its operations here, creating up to 124 new jobs by 2015.

The company will invest approximately $22.5 million to expand its current 220,000 square-foot distribution center in Roanoke to 420,000 square feet. This expansion is scheduled to begin this fall and includes additional warehouse space, truck docks and retail store staging areas. The new facility is expected to be operational in Fall 2012.

"Vera Bradley is a standout homegrown success story," said Governor Mitch Daniels. "This highly-successful company continues to recognize Indiana as the destination of choice for new job-creating investment and we couldn't be more proud."

Vera Bradley, which currently employs 840 full-time workers in Indiana, will begin hiring additional administrative and warehouse associates in Roanoke later this year to coincide with facility improvements.

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