In a move underscoring the explosion in discount variety stores in recent years, Chesapeake, VA-based Dollar Tree, Inc. announced that it plans to expand its distribution center in Marietta, OK, by an additional 400,000 square feet to over 1 million square feet.
The move will create more than 100 full time positions at the facility in Marietta, which opened in 2003 and is currently 603,000 square feet. This facility supplies products to our stores across 11 states, including Oklahoma, Kansas, Colorado, New Mexico and Texas, and portions of Louisiana, Arkansas, Missouri, Nebraska, South Dakota, Wyoming and Montana.
Construction on the expansion is scheduled to start in February and should be completed in the autumn of 2013. The total cost of the expansion is expected to be approximately $25 million, financed by Dollar Tree using available cash.
"The expansion of our Marietta Distribution Center is consistent with our long-standing practice of building infrastructure to support future growth of our business," said Bob Sasser, president and CEO of Dollar Tree, Inc. The additional capacity will allow Dollar Tree to continue to expand its reach and provide more value to more customers throughout the region."
Dollar Tree, a Fortune 500 Company, operated 4,630 stores in 48 states and 5 Canadian Provinces as of Oct. 27.