Home Depot Opens Three Distribution Centers; To Bring 500 Jobs To Baltimore

Comments
Loading...
  • Home Depot Inc HD has opened three new distribution centers in Sparrows Point's revitalized Tradepoint Atlantic development.
  • The newly opened facility is an 812,000-square-foot building and offers fulfillment for online orders, providing a broader range of products directly to customers.
  • The distribution centers will bring about 500 new full- and part-time jobs to Baltimore and provide faster delivery options to customers in the region.
  • "By investing in our supply chain, we'll continue to meet the changing expectations of our Pro and DIY customers – getting us closer to our goal of offering same day and next day delivery to 90 percent of the U.S. population," said SVP supply chain, Stephanie Smith.
  • Home Depot operates five distribution centers across the state of Maryland, servicing 42 stores.
  • Price Action: HD shares are trading higher by 0.85% at $331.54 on the last check Tuesday.
Overview Rating:
Good
62.5%
Technicals Analysis
100
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!