GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--Dollar General Corporation (NYSE: DG) announced it has begun construction today on its new state-of-the-art distribution center in Janesville, Wisconsin. It will be the 14th facility in the retailer’s growing distribution network.
At full capacity, the approximately one million square-foot Dollar General facility is expected to employ more than 550 people to serve stores in Wisconsin and surrounding states. Assuming no significant construction or other delays, Dollar General plans to begin hiring in late summer 2016 with operations expected to begin in December 2016. The Wisconsin Department of Economic Development estimates a total of 1,073 jobs would be positively impacted by the new facility within five years, taking into account the construction jobs that result from the project as well as the ripple effects the increased employment will have on the local economy. Clayco Inc. will be serving as general contractor for the project. Leo A Daly is the building design company and Élan Design Lab, Inc. is the civil design company.
“This state-of-the-art distribution center will help support our growth throughout Wisconsin and the Midwest,” said Todd Vasos, chief executive officer of Dollar General. “I want to thank the City of Janesville, Rock County and the State of Wisconsin for their support of our project. Janesville provides a great location, a strong business environment and a great workforce to draw from to fill the 550 jobs that are anticipated to be created by this new distribution Center.”
“We are proud that Dollar General selected Wisconsin as the location of its latest distribution center, leveraging our state’s strong economic assets to fulfill its business growth opportunities,” said Mark Hogan, secretary and CEO of the Wisconsin Economic Development Corporation. “I am thankful to the many local and regional economic development partners who helped secure this project and the good jobs it will bring to Janesville.”
“The work done to bring Dollar General to Janesville represents a true public-private partnership between the City of Janesville, Dollar General, Rock County Development Alliance, Wisconsin Economic Development Corporation, Wisconsin Department of Transportation and Alliant Energy,” said Janesville City Manager Mark Freitag. “Dollar General’s decision to choose our community demonstrates that we are business-friendly and provide the quality of life amenities that the company was seeking. We are excited to see the strong boost that this project will give to Janesville’s local economy.”
The new distribution center is expected to service more than 1,000 stores in the Upper Midwest. Dollar General currently has 122 stores in Wisconsin with more than 900 employees. Dollar General’s 13 other distribution centers are located in Alabama, California, Florida, Indiana, Kentucky, Mississippi, Missouri, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas and Virginia.
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About Dollar General Corporation
Dollar General Corporation (NYSE: DG) has been delivering value to shoppers for over 75 years. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, clothing for the family, housewares and seasonal items at low everyday prices in convenient neighborhood locations. With 12,396 stores in 43 states as of October 30, 2015, Dollar General is America’s largest small-box discount retailer offering multi-price point merchandise. In addition to high quality private brands, Dollar General sells products from America’s most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo. For more information on Dollar General, please visit www.dollargeneral.com.
Dollar General includes “forward-looking statements” within the meaning of the federal securities laws throughout this release. A reader can identify forward-looking statements because they are not limited to historical fact or they use words such as “scheduled,” “may,” “will,” “could,” “should,” “would,” “expect,” “believe,” “anticipate,” “project,” “plan,” “estimate,” and similar expressions that concern Dollar General’s strategy, plans, intentions or beliefs about future occurrences or results.
Forward-looking statements are subject to risks, uncertainties and other factors that may change at any time and may cause actual results to differ materially from those that Dollar General expected. Many of these statements are derived from Dollar General’s operating budgets and forecasts, which are based on many detailed assumptions that Dollar General believes are reasonable, or are based on various assumptions about certain plans, activities or events which we expect will or may occur in the future. However, it is very difficult to predict the effect of known factors, and Dollar General cannot anticipate all factors that could affect actual results that may be important to an investor. All forward-looking information should be evaluated in the context of these risks, uncertainties and other factors, including those factors disclosed under “Risk Factors” in Dollar General’s most recent Annual Report on Form 10-K and any subsequent quarterly filings on Form 10-Q filed with the Securities and Exchange Commission.
All forward-looking statements are qualified in their entirety by the cautionary statements that Dollar General makes from time to time in its SEC filings and public communications. Dollar General cannot assure the reader that it will realize the results or developments Dollar General anticipates, or, even if substantially realized, that they will result in the consequences or affect Dollar General or its operations in the way Dollar General expects. Forward-looking statements speak only as of the date made. Dollar General undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, Dollar General.