Greenwood — Beauty products retailer Ulta Inc. will locate a distribution center in Greenwood and create up to 537 jobs by 2018.
The Indiana Economic Development Corp. said Thursday that the Bolingbrook, Ill.-based company will invest nearly $52 million to lease and equip a 670,000-square-foot plant in the southern Indianapolis suburb.
The IEDC says it offered Ulta up to $3 million in conditional tax credits, depending on the number of jobs it creates. It says Ulta plans to begin hiring warehouse workers, managers and others this summer.
Ulta currently operates 675 retail stores nationally, including 13 in Indiana, that offer one-stop shopping for salon products and services. The company has three other distribution centers located in Illinois, Arizona and Pennsylvania.