GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--Dollar General (NYSE: DG) today announced plans to build the company’s 16th distribution center in Amsterdam, New York, located in Montgomery County. At full capacity, the project is expected to create 430 new jobs, as well as up to 200 additional, temporary construction jobs needed to build the project. After necessary permits and approvals are received, construction on the estimated 750,000-square-foot facility should begin in late spring 2017 with a planned completion date in fall 2018.
“Dollar General is excited to add another state-of-the-art and highly-efficient distribution center to support our growing store network in both New York and throughout the northeast,” said Todd Vasos, Dollar General’s CEO. “It’s very exciting to move forward on a project that will create more than 400 jobs in Montgomery County. I am grateful for our continued partnership and support on this project from New York Governor Andrew Cuomo, New York’s Empire State Development and local leadership in Montgomery County.”
Dollar General has selected Clayco as the project’s official general contractor, Leo A. Daly as the architectural engineering firm and Elan Design as the civil engineering firm.
When fully operational, the facility is expected to supply products to approximately 800 Dollar General stores throughout New York and the northeastern states that Dollar General serves. Dollar General most recently opened its 14th distribution center in Janesville, Wisconsin and is currently under construction on its 15th facility in Jackson, Georgia. Regionally, the most recent distribution center was completed in 2014 in Bethel, Pennsylvania.
Amsterdam was chosen in part for its convenient location to Interstate 90, its proximity to Dollar General stores throughout the northeast, Montgomery County’s local business environment, quality workforce in the area and the availability of local and state economic incentives, among numerous other considerations.
In New York, Dollar General currently operates approximately 360 stores with more than 3,000 employees. Earlier this month, the company announced plans to create roughly 340 net new jobs in New York as a result of new store growth planned for its 2017 fiscal year.
Dollar General’s 15 other distribution centers are located in Alabama, California, Florida, Georgia, Indiana, Kentucky, Mississippi, Missouri, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, Virginia, Wisconsin.
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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 “will,” “should,” “expected,” “anticipate,” “plan,” “estimated,” 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 Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 22, 2016 and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on December 1, 2016.
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.
About Dollar General Corporation
Dollar General Corporation has been delivering value to shoppers for over 75 years through its mission of Serving Others. 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. Dollar General operates 13,320 stores in 43 states as of February 3, 2017. In addition to high quality private brands, Dollar General sells products from America’s most-trusted brands such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg’s, General Mills, Nabisco, Hanes, PepsiCo and Coca-Cola. Learn more about Dollar General at www.dollargeneral.com.