2014 US Trucking News – More Truck Driving Jobs for New Wal-Mart Distribution Centers
A Wal-Mart perishable grocery distribution center is being built in Alamance County, North Carolina. Wal-Mart will be receiving a $1.1 million grant from the ‘One North Carolina Fund’. This will also help build the 440,000 square foot facility that is predicted to open for business in the fall of 2016.
Wal-Mart Stores Inc., also known as Wal-Mart, is an American multi-national retail corporation that also runs chains of large discount department stores and warehouse stores. According to the Fortune Global 500 list in 2013, the company is also known as the world’s second largest public corporation. It is also the biggest private employer in the world, with over two million employees, as well as the largest retailer in the world. Wal-Mart remains as a family-oriented business, since the company is controlled by the Walton family, who also own 50 percent of Wal-Mart. Wal-Mart is also one of the world’s most valuable companies.
The company operates under the Wal-Mart name in the United States, covering all 50 states, as well as Puerto Rico. In Mexico, Wal-Mart is also known as Walmex. In the UK, it is known as Asda, in Japan as Seyu, and Best Price in India. Wal-Mart also has wholly owned operations in Argentina, Brazil, and Canada.
Their first distribution center and Home Office opened in Bentonville, Arkansas. Wal-Mart is also scheduled to begin the construction of a new distribution center in spring 2015, with the center opening for business in either the late summer, or late fall of 2016.
This new facility will serve around 123 Wal-Mart locations throughout North Carolina, and also in its neighboring states.
This new distribution center will also create 450 new jobs. This will mean a huge increase in trucking careers for those that move products from North Carolina to other parts of the region. And according to Wal-Mart, the company will now be using their own truck drivers, once the Alamance County operation is up and running, outside firms will also be hired to help out with the shipping. job
Governor Pat McCrory, and North Carolina Secretary of Commerce Sharon Decker has said in an announcement last Tuesday that this facility will also serve 123 Wal-Mart stores in North Carolina as well as in the surrounding states. Decker said in a release that they were committed to promoting good economic growth in North Carolina, and they are also aware that a lot of these jobs will come from companies that have existed before, such as Wal-Mart.
Wal-Mart is the number 1 operator market share in the Durham-Chapel area using fiscal year 2012 data. This is according to the Chain Store Guide’s 2013 Grocery Industry Market Share Report, released in March.
The ranking was done by computing the average sales volumes per store, which was based on the parent company’s total amount of grocery sales, using fiscal year 2012 numbers. And according to the Chain Store Guide, Wal-Mart also became the number 1 operator of market shares in 2011 in the previous year’s 2012 edition year report over number 2 Food Lion, and number 3 Harris Teeter in the Durham-Chapel Hill area.
Wal-Mart spokesperson Bill Wertz says that the company has also added distribution centers alongside growth in their food stores. This company already has 158 existing distribution stores throughout the country, with four located in North Carolina. Wertz says that the company first started building supercenters that had food in 1988. Over time, the number of general merchandise stores has gradually dwindled due to most of them being relocated or expanding them by including a grocery store.
Wertz says that more recently, the company has also been adding express stores in North Carolina, which are small stores the size of a drug store, as well as bigger neighborhood markets, which consists of mostly pharmacies and grocery stores.
The company first built their neighborhood market in Cary, North Carolina, in October last year. They have since added more locations in Greensboro, Morrisville, High Point, and Charlotte.
The new distribution center in Alamance County will be located between Mebane and Graham, in part of a 1,200-acre economic development zone that was established last year, according to a release made by the Alamance County Economic Development office.
According to the release, Alamance County, Mebane, and Graham will all share the expenses on infrastructure, and also with the tax revenues for companies that are located within the zone.
A grant of up to $1.1 million from the One North Carolina Fund was also pledged as an incentive for the project. Through this fund program, companies also receive no money up-front. They must also meet certain job creations as well as investment performance targets. These grants also need local governments to provide matching incentives.
The One North Carolina Fund, which is directed by the Commerce Finance Center, has helped recruit and expand jobs in high value industries that are deemed as vital to the state. These state appropriations help refill the Fund, while local governments must provide a match to the company either in cash, services, or in-kind contributions. Companies that are seeking to expand or relocate to the state can also get grant funding for buying or installing equipment, a facility repair, or construction and improvements to infrastructure, such as transmission lines.
The One North Carolina Fund currently consists of non-recurring appropriations that are made by the North Carolina General Assembly, for companies that are seeking to undertake brand new expansions or find new operations in the state. The fund is also designed to increase the competitiveness of the state so the location of the project or its expansion must be in competition with the other location outside of the state.
The purpose of the fund include those that are set out in the state of North Carolina, that seeks to grow economically and achieve uniformly regional harmony through the whole state, and try to differentiate itself when it comes to economic development by getting and expanding quality jobs in high value added and knowledge-driven industries and keeping quality growing industries that also support the communities of this state.