Current:Home > ScamsPlanned Ross Stores distribution center in North Carolina to employ 850 -Aspire Money Growth
Planned Ross Stores distribution center in North Carolina to employ 850
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-09 04:31:21
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! (62366)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- 'Odysseus' lander sets course for 1st commercial moon landing following SpaceX launch
- As credit report errors climb, advocates urge consumers to conduct credit checkups
- North Carolina lawmakers say video gambling machine legislation could resurface this year
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- The Excerpt podcast: At least 21 shot after Kansas City Chiefs Super Bowl parade
- Gun rights are expansive in Missouri, where shooting at Chiefs’ Super Bowl parade took place
- Delta flight with maggots on plane forced to turn around
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Authorities are investigating the death of Foremost Group CEO Angela Chao in rural Texas
Ranking
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- As credit report errors climb, advocates urge consumers to conduct credit checkups
- Usher reveals he once proposed to Chilli of TLC, says breakup 'broke my heart'
- A loophole got him a free New York hotel stay for five years. Then he claimed to own the building
- 'Most Whopper
- Ford CEO says company will rethink where it builds vehicles after last year’s autoworkers strike
- Chiefs players comfort frightened children during Super Bowl parade mass shooting
- Tribes in Washington are battling a devastating opioid crisis. Will a multimillion-dollar bill help?
Recommendation
Sam Taylor
Officials plan to prevent non-flying public from accessing the Atlanta airport with new rules
LSU RB Trey Holly arrested in connection with shooting that left two people injured
Florida deputy mistakes falling acorn for gunshot, fires into patrol car with Black man inside
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Photos: Uber, Lyft drivers strike in US, UK on Valentine's Day
Post-5 pm sunsets popping up around US as daylight saving time nears: Here's what to know
Championship parades likely to change in wake of shooting at Chiefs Super Bowl celebration