Dollar Tree continues growth, expands distribution center
CHESAPEAKE, Va. — "Dollar Tree has grown steadily for 26 years,” said Bob Sasser, president and CEO of Dollar Tree. That steady growth has led Dollar Tree to expand its Marietta, Okla. distribution center by 400,000 sq. ft., the company announced.
The facility in Marietta opened in 2003 and is currently 603,000 sq. ft. 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.
"The expansion of our Marietta Distribution Center is consistent with our long-standing practice of building infrastructure to support future growth of our business. The additional capacity will allow Dollar Tree to continue to expand its reach and provide more value to more customers throughout the region,” Sasser added.
More than 100 full time positions will be created as a result of the expansion.