Dollar General’s Peachy Keen Distribution Plans
May 25, 2016
Dollar General recently announced plans to build its 15th distribution center in the Peach State with construction beginning as early as summer 2016. Planned for Jackson, Georgia, the new, approximately one-million-square-foot distribution center is expected to represent a capital investment of approximately $85 million, employ more than 500 people and support 1,000 stores throughout the southeast at full capacity.
“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.”
“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 Georgia Governor Nathan 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.”
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.
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.
“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.”
“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 Georgia Governor Nathan 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.”
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.
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.