New Distribution Center is expected to create more than 530 new jobs in Bexar County
GOODLETTSVILLE, Tenn. (BUSINESS WIRE), October 16, 2014 - Dollar General Corporation (NYSE:DG) today announced plans to build a new state-of-the-art distribution center in San Antonio, Texas. It will be the 13th facility in the retailer’s growing distribution network.
The company has begun the process of preparing the land to build a 900,000+ square-foot facility on 110 acres at South Foster Industrial Park. At full capacity, the Dollar General facility is expected to employ more than 530 people to serve more than 1,000 stores in Texas and the surrounding region. Dollar General plans to begin hiring in summer 2015 with operations expected to begin in October 2015.
“This distribution center is another important investment in the growth of Dollar General and our substantial presence in Texas where we have nearly 1,200 stores and more than 9,400 employees,” said Rick Dreiling, chairman and CEO of Dollar General. “We operate more stores in the Lone Star state than in any other state and we have found Texas is a great place to do business. We are proud to continue investing in the economic growth of Texas and we look forward to bringing an additional 530 jobs to Bexar County.”
Dollar General currently has 61 stores in Bexar County with more than 460 employees. With the completion of this project, Dollar General expects to have nearly 1,000 employees in Bexar County. Additionally, Dollar General’s third-party transportation provider expects to employ 90 drivers.
“On behalf of the San Antonio Economic Development Foundation, we are pleased that Dollar General chose to locate its newest distribution center in Bexar County,” said San Antonio Economic Development Foundation Chair Steve Waters. “The Institute for Economic Development at UTSA has estimated the economic impact of this investment to exceed $750 million over the next 10 years. When fully realized, these 500-plus jobs will contribute to prosperity in Bexar County and the surrounding area in the coming years.”
“The distribution center will serve as a great anchor for the South Foster Industrial Park, and further solidify Bexar County’s stature as a prime logistics hub,” County Judge Nelson Wolff said.
Dollar General’s 12 other distribution centers are located in Alabama, California, Florida, Indiana, Kentucky, Mississippi, Missouri, Ohio, Oklahoma, Pennsylvania, South Carolina and Virginia.
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 firstname.lastname@example.org.
About Dollar General Corporation
Dollar General Corporation has been delivering value to shoppers for 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, basic apparel, house wares and seasonal items at low everyday prices in convenient neighborhood locations. With more than 11,500 stores in 40 states, Dollar General has more retail locations than any retailer in America. 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.