Dollar General Announces Plans for New York Distribution Center
Wed, 22 Feb 2017
Project expected to create 430 jobs in Montgomery County when fully
operational; Facility to serve as 16th
distribution center for major discount retailer
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 Announces Plans for Distribution Center in Amsterdam, New York (Photo: Business Wire)
“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.
Stock footage and project renderings are available on the Dollar
General Newsroom. For additional information, photographs or items
to supplement a story, please contact the Media Relations Department at
1-877-944-DGPR (3477) or via email at dgpr@dg.com.
Forward-Looking Statements
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.
Dollar General Corporation Investor Contacts: Mary Winn
Pilkington, 615-855-5536 Matt Hancock, 615-855-4811 or Media
Contacts: Dan MacDonald, 615-855-5209 Crystal Ghassemi,
615-855-5210 Media Hotline, 877-944-DGPR (3477) dgpr@dg.com
