- Tractor Supply Co TSCO plans to build a new distribution center in Maumelle, Arkansas.
- The approximately 900,000 square foot distribution center represents an initial investment of about $100 million.
- Construction is scheduled to begin in the middle of 2022, with the completion expected in late 2023.
- The company expects the facility to create more than 450 new full-time jobs by the end of 2023 and service about 250 Tractor Supply stores at full capacity.
- The Arkansas center will be the tenth distribution center for the company.
- Price Action: TSCO shares are trading higher by 0.30% at $213.00 on Wednesday's last check.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
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!
Already a member?Sign in
