Dollar Tree Inc. today announced that it will make a $104.4 million investment and create 400 new jobs over the next five years as it establishes a new distribution operation in Cherokee and Spartanburg counties.
According to the SC Department of Commerce, the operation will be in a new facility in the 500-acre Upstate Corporate Park near Interstate 85. Construction is expected to begin on the 1.5-million-square-foot facility this month, and hiring to begin in early 2016.
Dollar Tree will be able to take advantage of Greer’s Inland Port for transporting import goods, according to SC Ports Authority president and CEO Jim Newsome. “The port’s investment in infrastructure to support Dollar Tree operations will be returned through significant volumes over the coming years, and we look forward to serving their import logistics needs,” said Newsome in a statement.
Dollar Tree CEO Bob Sasser said in a statement, “We have been very impressed with the business-friendly approach and support that the State of South Carolina and counties of Cherokee and Spartanburg have provided. This project demonstrates our commitment to the Upstate area by creating hundreds of jobs in the region. We are proud to become a bigger part of the local community.”
Dollar Tree received a $1.5 million Set Aside grant from the Coordinating Council for Economic Development to help with the cost of property improvements. It also received job development credits, according to the Commerce Department.
Headquartered in Chesapeake Bay, Va., Dollar Tree operates more than 13,600 stores in 48 states and in Canada under the names Dollar Tree, Family Dollar, Deals and Dollar Tree Canada. There are more than 100 stores in South Carolina, according to the company.