MO: Dollar Tree to Invest $110M & Create 375 New Jobs in Warrensburg
19 Apr, 2017
The Missouri Department of Economic Development announced that Dollar Tree will invest approximately $110 million to build a 1.2 million square foot distribution facility in Warrensburg, Missouri. Dollar Tree expects to create 375 new jobs within three years, and the facility will support Dollar Tree’s retail store network in the Midwestern U.S. The facility will see 150-200 inbound/outbound trucks per day.
“Dollar Tree’s decision to grow its business in Missouri is great news for people in Warrensburg. This new distribution center means hundreds of new quality jobs for families. We’re fighting to grow jobs every day, and we’re grateful to Dollar Tree for recognizing that Missouri is open for business and our people are ready to work,” said Gov. Eric Greitens.
Headquartered in Chesapeake, Virginia, Dollar Tree is the largest and most successful single-price-point retailer in North America. In 2016, Dollar Tree jumped 150 spots on the Fortune 500, from 330 to 180. Dollar Tree operates more than 14,300 stores across 48 states and five Canadian provinces, along with 22 distribution centers.
“Dollar Tree is a large and growing organization,” said Dollar Tree Chief Executive Officer Bob Sasser. “We have been very impressed with the business-friendly approach that the State of Missouri, Johnson County and the City of Warrensburg have provided. This project demonstrates our commitment to western Missouri by creating hundreds of jobs in the region. We are proud to become a bigger part of the local community.”
“Dollar Tree is a phenomenal company and we are thrilled to welcome them to Missouri,” said CEO of Missouri Partnership Steve Johnson. “This was a project that required coordination at all levels and the joint efforts of the State, my team, Johnson County, KCP&L and the City of Warrensburg was excellent. It is great to see yet another company take advantage of Missouri’s unique distribution and logistics strengths.”
"The City of Warrensburg is well positioned to continue the positive momentum currently taking place in the community,” Warrensburg Mayor Bryan Jacobs said. “Businesses are choosing Warrensburg, more jobs are being created, which will ultimately lead to increased revenue for the city. While we have long known the great assets Warrensburg holds, we are excited that Dollar Tree saw the great opportunities as well.”
“This is a great day for Missouri, Johnson County and the surrounding communities! We will continue to focus on bringing more good jobs to the Show-Me state. Thank you to Dollar Tree for recognizing the talented, hardworking people we have in Missouri and investing $100 million in their facility in Johnson County. This is definitely a win-win situation for Dollar Tree and hundreds of workers in our community,” said Sen. Denny Hoskins.
The company expects the distribution center to be operational in May 2018. The project is contingent upon the approval of local incentives.
The new facility will be located on Highway 13 in the Brady Commerce Park. Construction will begin this month.