Current:Home > NewsPlanned Ross Stores distribution center in North Carolina to employ 850-LoTradeCoin
Planned Ross Stores distribution center in North Carolina to employ 850
View Date:2024-12-23 16:53:48
RANDLEMAN, N.C. (AP) — Discount retailer Ross Dress For Less will build a southeastern U.S. distribution center in central North Carolina, investing $450 million and creating 850 jobs, officials announced Tuesday.
Ross Stores Inc., which operates Ross Dress for Less and another off-price chain, aims to complete its capital investment at the Randolph County site by the end of 2026 and create the jobs from 2027-2031, according to a document provided by the state Commerce Department.
Off-price chains, which also include TJ Maxx and Marshalls, buy brand-name clothing and other products directly from manufacturers or other retailers with excess inventory, then sell them in no-frills stores.
Ross Stores calls Ross Dress For Less the largest off-price apparel and home fashion chain in the U.S., with over 1,700 locations in 43 states, the District of Columbia, and Guam.
The 330-acre (134-hectare) distribution center, to be located about 20 miles (32 kilometers) south of Greensboro, will provide warehousing, fulfillment and packing operations, Gov. Roy Cooper’s office said in a news release.
The minimum average wage for the new jobs will be essentially at the Randolph County average of $45,800 per year.
The California-based company was choosing between the site in Randleman and another in Laurens County, South Carolina, according to information provided to a state committee that approves some government incentives. The Economic Investment Committee agreed earlier Tuesday to award Ross up to $7.6 million in cash payments over 12 years if it meets job-creation and investment targets. In all, the company is poised to receive over $52 million in state and local incentives, most of which would originate from Randleman and Randolph County government.
veryGood! (25785)
Related
- Where is 'College GameDay' for Week 12? Location, what to know for ESPN show
- Facebook parent Meta slashes 10,000 jobs in its 'Year of Efficiency'
- A Big Climate Warning from One of the Gulf of Maine’s Smallest Marine Creatures
- Save 44% on the It Cosmetics Waterproof, Blendable, Long-Lasting Eyeshadow Sticks
- Barbora Krejcikova calls out 'unprofessional' remarks about her appearance
- New Federal Report Warns of Accelerating Impacts From Sea Level Rise
- Why the Paris Climate Agreement Might be Doomed to Fail
- Judge’s Order Forces Interior Department to Revive Drilling Lease Sales on Federal Lands and Waters
- Judge moves to slash $38 million verdict in New Hampshire youth center abuse case
- Mississippi governor requests federal assistance for tornado damage
Ranking
- Nicky Hilton Shares Her Christmas Plans With Paris, the Secret To Perfect Skin & More Holiday Gift Picks
- Rare pink dolphins spotted swimming in Louisiana
- On U.S. East Coast, Has Offshore Wind’s Moment Finally Arrived?
- Alaska man inadvertently filmed own drowning with GoPro helmet camera — his body is still missing
- DWTS’ Sasha Farber and Jenn Tran Prove They're Closer Than Ever Amid Romance Rumors
- A Legacy of the New Deal, Electric Cooperatives Struggle to Democratize and Make a Green Transition
- Inside Clean Energy: 10 Years After Fukushima, Safety Is Not the Biggest Problem for the US Nuclear Industry
- A Big Climate Warning from One of the Gulf of Maine’s Smallest Marine Creatures
Recommendation
-
Bill on school bathroom use by transgender students clears Ohio Legislature, heads to governor
-
In Pennsylvania’s Primary Election, Little Enthusiasm for the Northeast’s Regional Greenhouse Gas Initiative
-
Florida couple pleads guilty to participating in the US Capitol attack
-
Let Us Steal You For a Second to Check In With the Stars of The Bachelorette Now
-
World leaders aim to shape Earth's future at COP29 climate change summit
-
Fossil Fuel Companies Are Quietly Scoring Big Money for Their Preferred Climate Solution: Carbon Capture and Storage
-
Inside Clean Energy: Which State Will Be the First to Ban Natural Gas in New Buildings?
-
Tourists flock to Death Valley to experience near-record heat wave