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- Tractor Supply Co (NASDAQ:TSCO) plans to build a new distribution center in Maumelle, Arkansas.
- The approximately 900,000 square foot distribution center represents an initial investment of about $100 million.
- Construction is scheduled to begin in the middle of 2022, with the completion expected in late 2023.
- The company expects the facility to create more than 450 new full-time jobs by the end of 2023 and service about 250 Tractor Supply stores at full capacity.
- The Arkansas center will be the tenth distribution center for the company.
- Price Action: TSCO shares are trading higher by 0.30% at $213.00 on Wednesday's last check.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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