Polaris Industries Inc. is making a $10 million investment in technology and equipment upgrades to its Vermillion distribution center.
The company is getting up to $117,000 through the Governor's Office of Economic Development's Reinvestment Payment Program for some of the upfront costs. It also received a $14,000 Workforce Development grant for employee training for up to 14 new full-time positions.
The city of Vermillion and the Vermillion Area Chamber and Development Company are partnering up to offer additional funding to the company.
Polaris will use the money for capital improvements at its Parts, Garments and Accessories (PG&A) Distribution Center in Vermillion to install new material handling systems. The company says it's needed to keep pace with increased demand and reinforce the long-term viability of the Vermillion operation.
The 385,000 square foot Vermillion center was built in 1997. Polaris employs 150 workers there and supplies more than 60,000 PG&A products to 130 countries, dealers and distributors.
Polaris expects to complete the installation of the new handling system by December.