Current:Home > InvestPlanned Ross Stores distribution center in North Carolina to employ 850 -Pinnacle Profit Strategies
Planned Ross Stores distribution center in North Carolina to employ 850
View
Date:2025-04-26 07:39:35
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! (8915)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Spain's Carlos Alcaraz booed for talking Euro 2024 final after Wimbledon win in London
- North Carolina’s Medicaid expansion program has enrolled 500,000 people in just 7 months
- Joey Chestnut's ban takes bite out of Nathan's Hot Dog Eating Contest TV ratings
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Why didn't Zach Edey play tonight? Latest on Grizzlies' top pick in Summer League
- Georgia state tax collections finish more than $2 billion ahead of projections, buoying surplus
- Wisconsin governor declares state of emergency for 4 counties, including 1 where flooding hit dam
- Global Warming Set the Stage for Los Angeles Fires
- Blind woman says Uber driver left her stranded at wrong location in North Carolina
Ranking
- A White House order claims to end 'censorship.' What does that mean?
- A US judge is reining in the use of strip searches amid a police scandal in Louisiana’s capital city
- 'The View' co-host Joy Behar questions George Clooney for op-ed criticizing Joe Biden
- 'Captain America: Brave New World' trailer debuts, introduces Harrison Ford into the MCU
- The Best Stocking Stuffers Under $25
- A county canvassing board rejected the absentee ballot of North Dakota Gov. Doug Burgum’s wife
- A county canvassing board rejected the absentee ballot of North Dakota Gov. Doug Burgum’s wife
- Ohio mother dies after chasing down car with her 6-year-old son inside
Recommendation
2025 'Doomsday Clock': This is how close we are to self
1 dead, 2 missing after tour helicopter crashes off Hawaiian coast
Man gets 226-year prison sentences for killing 2 Alaska Native women. He filmed the torture of one
Houston area deputy fatally 'ambushed' while tracking down suspect accused of assault
Tree trimmer dead after getting caught in wood chipper at Florida town hall
When is Wimbledon women's final? Date, time, TV for Jasmine Paolini vs. Barbora Krejcikova
Meta AI comment summaries is turned on in your settings by default: How to turn it off
Smoking laptop in passenger’s bag prompts evacuation on American Airlines flight in San Francisco