IEDC awards tax credits for $47M Crecera facility in Greenfield
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Online retail company Crecera Brands LLC is getting major tax credits from the Indiana Economic Development Corp. to help with building a $47 million distribution center in Greenfield that will employ more than 200 workers.
Crecera Brands is better known for the three sporting and outdoor websites it owns—Sportsman’s Guide, The Golf Warehouse, and Baseball Savings.com.
According to public filings posted on the IEDC’s transparency portal, Crecera stands to earn $2.3 million in tax credits if it constructs its distribution center as planned and creates 208 jobs.
According to the documents, Crecera plans to invest $47.4 million into the facility on Opportunity Parkway, northwest of the city along Interstate 70.
Representatives from Crecera did not respond to interview requests from Inside INdiana Business for this story. Crecera has its headquarters and a distribution center near Saint Paul, Minnesota.
The IEDC tax credits are conditional on the company adding the jobs by the end of 2028. The contract says the minimum hourly wage for the jobs must be at or above $15.43.