Current:Home > MarketsPlanned Ross Stores distribution center in North Carolina to employ 850 -FutureWise Finance
Planned Ross Stores distribution center in North Carolina to employ 850
View
Date:2025-04-16 19:18:41
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! (752)
Related
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Ray Liotta's Fiancée Jacy Nittolo Details Heavy Year of Pain On First Anniversary of His Death
- A woman is in custody after refusing tuberculosis treatment for more than a year
- Kids housed in casino hotels? It's a workaround as U.S. sees decline in foster homes
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Who co-signed George Santos' bond? Filing reveals family members backed indicted congressman
- Arctic Drilling Lease Sale Proposed for 2019 in Beaufort Sea, Once Off-Limits
- Florida families face confusion after gender-affirming care ban temporarily blocked
- DoorDash steps up driver ID checks after traffic safety complaints
- Senate 2020: In Montana, Big Sky Country, Climate Change is Playing a Role in a Crucial Toss-Up Race
Ranking
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Iowa meteorologist Chris Gloninger quits 18-year career after death threat over climate coverage
- One year after Roe v. Wade's reversal, warnings about abortion become reality
- Get 2 Peter Thomas Roth Anti-Aging Cleansing Gels for Less Than the Price of 1
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- The Best Memorial Day Sales 2023: SKIMS, Kate Spade, Good American, Dyson, Nordstrom Rack, and More
- Biden’s Early Climate Focus and Hard Years in Congress Forged His $2 Trillion Clean Energy Plan
- Ocean Warming Is Speeding Up, with Devastating Consequences, Study Shows
Recommendation
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
Gas stoves pollute homes with benzene, which is linked to cancer
Duck Dynasty's Sadie Robertson Gives Birth, Welcomes Baby No. 2 With Christian Huff
Wildfires, Climate Policies Start to Shift Corporate Views on Risk
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
How a secret Delaware garden suddenly reemerged during the pandemic
Paul-Henri Nargeolet's stepson shares memories of French explorer lost in OceanGate sub tragedy
With Wild and Dangerous Weather All Around, Republicans Stay Silent on Climate Change