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Faith Technologies acquires former JoAnn Stores distribution center in Opelika, Alabama

Wisconsin-based electrical component manufacturer plans to convert distribution center into a manufacturing facility
The former JoAnn Stores distribution center in Opelika, Alabama, will be converted into advanced manufacturing use under Faith Technologies' Excellerate brand. (CoStar)
The former JoAnn Stores distribution center in Opelika, Alabama, will be converted into advanced manufacturing use under Faith Technologies' Excellerate brand. (CoStar)
By Terence Metz with
CoStar Research
March 30, 2026 | 3:30 P.M.

Faith Technologies announced plans to invest $79 million to convert an existing warehouse in Opelika, Alabama, into an advanced manufacturing facility.

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News | Faith Technologies acquires former JoAnn Stores distribution center in Opelika, Alabama