Current:Home > reviewsPlanned Ross Stores distribution center in North Carolina to employ 850 -Golden Summit Finance
Planned Ross Stores distribution center in North Carolina to employ 850
View
Date:2025-04-27 11:47:09
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! (14287)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- Missing snow has made staging World Cup cross country ski race a steep climb in Minnesota
- Disney posts solid Q1 results thanks to its theme parks and cost cuts
- Mysterious shipwreck washes up on snowy Canada shores, prompting race to salvage vessel being pummeled by the ocean
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Man detained after scaling exterior of massive Sphere venue near the Las Vegas Strip
- GOP says Biden has all the power he needs to control the border. The reality is far more complicated
- WrestleMania 40 kickoff: Time, how to watch, what to expect at Las Vegas press conference
- Rylee Arnold Shares a Long
- Prince William thanks public for 'kind messages' following King Charles III's cancer diagnosis
Ranking
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Prince William Breaks Silence on King Charles III's Cancer Diagnosis
- Feds make dozens of bribery arrests related to New York City public housing contracts
- Erection shockwave therapy may help with erectile dysfunction, but it's shrouded in shame
- Why members of two of EPA's influential science advisory committees were let go
- What to know about South Dakota Gov. Kristi Noem’s banishment from the Pine Ridge Indian Reservation
- NFL’s first Super Bowl in Las Vegas has plenty of storylines plus an interesting football matchup
- Wisconsin governor doubts Republican Legislature will approve his maps
Recommendation
The Daily Money: Spending more on holiday travel?
In rare request, county commissioners ask Maine governor to remove sheriff
Lawyers tell Trump civil fraud judge they have no details on witness’s reported perjury plea talks
Royal insider on King Charles' cancer diagnosis and what it means for Britain's royal family
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
NASA's Juno orbiter spots signs of volcanic eruptions on Jupiter moon of Io: Photos
10 cars of cargo train carrying cooking oil and plastic pellets derail in New York, 2 fall in river
Pod of orcas seen trapped by thick sea ice off northern Japan believed to be free