Current:Home > FinancePlanned Ross Stores distribution center in North Carolina to employ 850 -Wealth Harmony Labs
Planned Ross Stores distribution center in North Carolina to employ 850
View
Date:2025-04-18 08:54:10
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! (938)
Related
- Video shows dog chewing cellphone battery pack, igniting fire in Oklahoma home
- Inside Chad Michael Murray's Sweet Family World With Sarah Roemer
- Survival story as Hurricane Beryl razes smallest inhabited island of St. Vincent and the Grenadines
- To a defiant Biden, the 2024 race is up to the voters, not to Democrats on Capitol Hill
- Police remove gator from pool in North Carolina town: Watch video of 'arrest'
- Keir Starmer becomes U.K. prime minister after his Labour Party wins huge majority in general election
- Nightengale's Notebook: Twins' Carlos Correa finds peace after bizarre free agency saga
- Survival story as Hurricane Beryl razes smallest inhabited island of St. Vincent and the Grenadines
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Tour de France standings: Race outlook after Stage 9
Ranking
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Connecticut officials warn beachgoers of nesting shorebirds as they announce some park area closures
- 3 men killed in weekend shooting at homeless encampment near Los Angeles, police say
- 'Sepia Bride' photography goes viral on social media, sparks debate about wedding industry
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- NASCAR at Chicago 2024: Start time, TV, streaming, lineup for Grant Park 165
- Travis Kelce, Patrick Mahomes cheer on Taylor Swift at Eras Tour in Amsterdam
- Key players: Who’s who at Alec Baldwin’s trial for the fatal shooting of a cinematographer
Recommendation
Audit: California risked millions in homelessness funds due to poor anti-fraud protections
Of the 63 national parks, these had the most fatalities since 2007.
Michigan friends recount the extraordinary moment they rescued a choking raccoon
Copa America 2024: Results, highlights as Colombia dominates Panama 5-0
Video shows dog chewing cellphone battery pack, igniting fire in Oklahoma home
Biden tells ABC News debate was a bad episode, doesn't agree to independent neurological exam
Minnesota Vikings Rookie Khyree Jackson Dead at 24 After Car Crash
Forest fire has burned 4,000 acres in New Jersey but is now 60 percent contained, officials say