GOODLETTSVILLE, Tenn. — Dollar General Corporation (NYSE:DG) today announced it purchased land in Jackson, Georgia, which sits in both Butts and Spalding counties, to serve as the location for the new distribution center the company plans to construct in the central part of the state. It will be the 15th facility in the retailer’s growing distribution network.
At full capacity, the approximately one million square-foot Dollar General facility in Jackson is expected to employ more than 500 people to serve stores in Georgia and surrounding states. The project represents a capital investment of approximately $85 million. The company plans to begin construction on the project as early as summer 2016 with an estimated completion scheduled for summer/fall 2017, depending upon the timing of receipt of all required governmental permits and development approvals and the absence of unforeseen circumstances.
“This state-of-the-art distribution center will help support our rapid store growth throughout Georgia and the southeast,” said Todd Vasos, chief executive officer of Dollar General. “I want to thank the leadership in Butts and Spalding counties, as well as Georgia Governor Nathan Deal and the Georgia Department of Economic Development for their support and assistance on this project. It is exciting to see our business continuing to grow and create new jobs across the country.”
The project will be a catalyst for economic development in the region by creating the estimated 500 jobs needed to run the distribution center and hundreds more temporary jobs necessary for the construction of the facility.
“Dollar General’s decision to build a fulfillment center here in Georgia is a direct reflection of the high quality of our workforce and Georgia’s strategic location for accessing the Southeastern market,” said Governor Deal. “Georgia is perfectly positioned to support this fulfillment center and Dollar General will benefit from building in the No. 1 state in which to do business.”
“We appreciate the collaboration among everyone who has helped bring Dollar General to Butts and Spalding Counties. We’re glad to welcome a wonderful company and look forward to helping them be successful in our community,” said Butts County Board of Commissioners Chairman Keith Douglas.
“Due to the substantial number of jobs being created, this project will have a meaningful impact on our area in terms of new employment opportunities,” said Griffin-Spalding Development Authority Chairman Chuck Copeland. “The cooperation of our Spalding County leadership and the Butts County Commissioners and their Development Authority, as well as the expertise of the Georgia Department of Economic Development, have been key elements to the success of this project.”
“Dollar General’s decision to locate in Butts and Spalding Counties speaks volumes to the culture of collaboration that exists for business in Georgia,” said Georgia Department of Economic Development Commissioner Chris Carr. “We would like to congratulate everyone involved in this project, and we look forward to supporting Dollar General in its future growth in Georgia.”
The new distribution center is expected to service more than 1,000 stores in the southeast. Dollar General currently has more than 700 stores and over 5,000 employees in Georgia. Dollar General’s 14 other distribution centers are located in Alabama, California, Florida, Indiana, Kentucky, Mississippi, Missouri, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, Virginia and Wisconsin.
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About Dollar General Corporation
Dollar General Corporation (NYSE: DG) 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 12,483 stores in 43 states as of January 29, 2016. 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.
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 “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.
Source: Dollar General
