E-retailer Picks Indy for New Distribution Center

INDIANAPOLIS (AP): Online retailer Newegg plans to locate a new warehouse in Indianapolis and create up to 150 jobs by 2015. The Indiana Economic Development Corporation offered Newegg up to $1 million in conditional tax credits and up to $100,000 in training grants based on the company's job-creation plans. It says Newegg plans to begin hiring late next year.