published on November 17, 2016 - 7:50 PM
Written by The Business Journal Staff
The effort to get Ulta Beauty to build a cosmetics e-commerce fulfillment center in Fresno just received a $26-million shot in the arm today.

 

First, the Governor’s Office of Business and Economic Development (GO-Biz) voted today to award Ulta $8 million as part of the state’s California Competes Tax Credit. As part of the agreement, Ulta would agree to hire up to 542 full-time employees by 2020, and invest upwards of $48.3 million in that period.

Then later this afternoon, the Fresno City Council voted to unanimously approve an economic incentive package of up to $18 million over the next 30 years to land the Illinois-based company’s West Coast operations, and ultimately more than 1,200 jobs — roughly half of those full-time and the rest part time at peak season.

Ulta plans to spend around $110 million in total to develop the facility.

“I’m grateful for the City Council’s action today to support an incentive agreement for Ulta’s e-commerce fulfillment center,” said Fresno Mayor Ashley Swearengin in a statement. “This important project will create a minimum of 640 full-time, permanent jobs for our residents, with the potential to expand to over 1,200 jobs. Today, the State of California also approved tax credits to further incentivize this project. We’re grateful for the support from California Competes helping our city attract this badly needed job generator to Fresno.”

Other local companies awarded a California Competes Tax Credit today include:

— The Wildan Group of companies, $845,000 to hire 100 full-time employees at locations in Fresno, Anaheim, City of Industry and Oakland, pledging to invest $2.7 million

— Lyons Magnus, a $99,000 tax credit to hire 10 full-time employees at its Fresno facility, with plans to invest $4.02 million in the business.

— Polaris Energy Services, a $250,000 tax credit to hire 11 employees in Visalia and Clovis, investing $247,000.

— Bruce A. Haven, DDS, a $150,000 tax credit to hire six new employees, with plans to invest $914,000 in his orthodontics and dental surgery practice


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