Current:Home > StocksPlanned Ross Stores distribution center in North Carolina to employ 850 -Blueprint Wealth Network
Planned Ross Stores distribution center in North Carolina to employ 850
View
Date:2025-04-14 19:44:17
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! (11)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Wisconsin prosecutor appeals ruling that cleared way for abortions to resume in state
- Survivor Season 45 Crowns Its Winner
- Texas police officer indicted in fatal shooting of man on his front porch
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Coal mine cart runs off the tracks in northeastern China, killing 12 workers
- Australia to send military personnel to help protect Red Sea shipping but no warship
- Michigan receives official notice of allegations from NCAA for recruiting violations
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- I am just waiting to die: Social Security clawbacks drive some into homelessness
Ranking
- What to watch: O Jolie night
- Here's how SNAP eligibility and benefits are different in 2024
- DEI under siege: Why more businesses are being accused of ‘reverse discrimination’
- Cat-owner duo in Ohio shares amputee journey while helping others through animal therapy
- Retirement planning: 3 crucial moves everyone should make before 2025
- Arizona man arrested for allegedly making online threats against federal agents and employees
- Teen who planned Ohio synagogue attack must write book report on WWII hero who saved Jews
- Maine governor tells residents to stay off the roads as some rivers continue rising after storm
Recommendation
Meta releases AI model to enhance Metaverse experience
The Constitution’s insurrection clause threatens Trump’s campaign. Here is how that is playing out
Former NBA player allegedly admitted to fatally strangling woman in Las Vegas, court documents show
Ash leak at Kentucky power plant sends 3 workers to hospital
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Corn syrup is in just about everything we eat. How bad is it?
Homeless people who died on US streets are increasingly remembered at winter solstice gatherings
2 men, Good Samaritans killed after helping crashed car on North Carolina highway