Market Overview

Dollar Tree to Expand Distribution Center in Marietta, Oklahoma

Related DLTR
Icahn Cashes Out At Family Dollar Ahead Of Acquisition
Dollar Tree's Acquisition Of Family Dollar Put Under The Microscope By Analysts
Dollar General Falls Short in 1Q, Blames Weather (Fox Business)

Dollar Tree, Inc. (NASDAQ: DLTR), North America's leading operator of discount variety stores selling everything for $1 or less, has announced that it intends to expand its distribution center in Marietta, Oklahoma by an additional 400,000 square feet. More than 100 full time positions will be created as a result of the expansion.

The facility in Marietta opened in 2003 and is currently 603,000 square feet. This facility supplies products to our stores across eleven states, including all of 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 2013 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.

Posted-In: News

 

Most Popular

Related Articles (DLTR)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters