Gap Inc. will receive a $1 million state tax break to boost its New York operations, including the expansion of its distribution center in Fishkill, Dutchess County.
The clothing retailer will add 90 new jobs at its 2.5-million-square-foot Fishkill facility, along with 80 at its creative center in Manhattan, according to Gov. Andrew Cuomo’s office.
“Earlier this year, we expanded our regional-based shipping model across all of our brands, enabling us to ship more product from Fishkill to stores throughout the northeastern United States,” Shawn Curran, Gap Inc.’s senior vice president of global logistics, said in a statement provided by the state. “We’re happy that this change translates into more jobs at our Fishkill campus.”
As part of the expansion, the company will receive up to $1 million in Excelsior Jobs Tax Credits, which cover a percentage of an employee’s salary for each new job created.
The credit is distributed through Empire State Development, the state’s economic-development arm.
According to Cuomo’s office, the 90 new jobs in Fishkill will be full time.
“I am pleased that this world-renowned brand will not only continue to make New York its home but will bring additional new jobs, benefiting local families and communities,” Cuomo said in a statement.
The Fishkill facility is a distribution center for Gap Inc.’s namesake stores, along with its other brands, including Old Navy and Banana Republic.