Current:Home > ContactPlanned Ross Stores distribution center in North Carolina to employ 850 -FundGuru
Planned Ross Stores distribution center in North Carolina to employ 850
View
Date:2025-04-16 05:08:41
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! (7822)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Kitchen and Living Room Spring Decor Ideas That Aren’t Just Boring Florals
- What You Need to Know About Olivia Munn's Breast Cancer Diagnosis
- Kitchen and Living Room Spring Decor Ideas That Aren’t Just Boring Florals
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Kansas is close to banning gender-affirming care as former GOP holdouts come aboard
- Lindsay Lohan Embracing Her Postpartum Body Is a Lesson on Self-Love
- NFL investigating Eagles for tampering. Did Philadelphia tamper with Saquon Barkley?
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Georgia school voucher bill narrowly clears longtime obstacle with state House passage
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Prince William Praises Kate Middleton's Artistic Skills Amid Photoshop Fail
- What is a 'flat white'? Today's Google Doodle celebrates the coffee beverage
- 'Apples Never Fall': Latest adaptation of Liane Moriarty book can't match 'Big Little Lies'
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Duty, Honor, Outrage: Change to West Point’s mission statement sparks controversy
- Regina King reflects on her son's death in emotional interview: 'Grief is a journey'
- Executive director named for foundation distributing West Virginia opioid settlement funds
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Kristen Stewart on her 'very gay' new movie 'Love Lies Bleeding': 'Lesbians overload!'
A 1-year-old boy in Connecticut has died after a dog bit him
These Crazy-Good Walmart Flash Deals Are Better Than Any Black Friday Sale, But They End Tomorrow
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
'Grey's Anatomy' begins its 20th season: See the longest running medical shows of all time
Landslide damages multiple homes in posh LA neighborhood, 1 home collapses: See photos
What is Pi Day? Things to know about the holiday celebrating an iconic mathematical symbol