WALTON, Ky. (WTVQ/Press Release) – Dollar General has opened a new distribution center in Walton. The 630,000-square-foot, $65 million investment will create 300 distribution and private-fleet jobs.
“Joining with Dollar General’s leadership team, new employees and local leaders to help open this facility today makes a clear statement about the direction of the company and Kentucky,” Gov. Andy Beshear said. “Dollar General’s decision to add new operations in our state highlights Kentucky’s key location for the distribution and logistics industry, a sector seeing supercharged demand as we sprint out of this pandemic. My congratulations to Dollar General and the many people who worked to make today’s announcement possible. As our economy accelerates, we look forward to seeing this facility at full scale and the company’s eight-decade partnership with Kentucky continue to flourish.”
Once at full capacity, the dry-goods distribution center will employ 250 people and generate 50 private-fleet jobs. The center’s operations will support over 800 Dollar General stores across numerous states.
“We are excited to celebrate our Walton distribution center grand opening and to continue supporting Kentucky communities,” said Dollar General Chief Executive Officer Todd Vasos. “Dollar General’s roots run deep in the commonwealth, and we are grateful for the partnership from state and local teams including Gov. Beshear, Northern Kentucky Economic Development, Boone County Judge/Executive Gary Moore, the Northern Kentucky Chamber of Commerce, the City of Walton and the Kentucky Cabinet for Economic Development that helped us further invest in the state. We look forward to welcoming new employees into the Dollar General family and being a longstanding business partner in the Boone County community.”
The first Dollar General store opened in Springfield in 1955. As the idea of no item costing more than one dollar became successful, other stores owned by J.L. and Cal Turner were quickly converted from wholesale to retail.
Now, the company is based in Goodlettsville, Tennessee and operates over 17,400 stores in 46 states.
This new center adds to Dollar General’s presence in the Commonwealth. Scottsville is home to another distribution center and there are close to 640 stores and a growing private fleet that employ a total of about 6,000 Kentuckians. The company is also in the final construction phases on a third distribution center, a 160,000-square-foot DG Fresh facility in Bowling Green.
“Seeing Dollar General’s distribution operation rapidly go from concept to functioning facility is a testament to both the company and the support businesses receive here in Northern Kentucky,” Boone County Judge/Executive Gary Moore said. “My thanks and gratitude to the company’s leadership for their investment and job creation. We look forward to a successful relationship ahead.”
“We are very excited to welcome Dollar General to the City of Walton,” Walton Mayor Gabe Brown said. “They have a reputation for providing quality, good-paying jobs, satisfied employees and for being great community partners. Dollar General is as American as apple pie. Their continued growth and stability ensure that they will be a part of our community for decades to come. I wish them continued success and look forward to them being a great addition to our wonderful town.”
“Dollar General is an outstanding corporate citizen and we join the City of Walton in celebrating their investment in Northern Kentucky,” President and CEO of Northern Kentucky Tri-ED Lee Crume said. “We appreciate Dollar General expanding its supply chain network and creating hundreds of jobs in the Cincinnati region.”
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in June 2020 preliminarily approved a 10-year incentive agreement with DG Midwest, a wholly owned subsidiary of Dollar General, under the Kentucky Business Investment program. The performance-based agreement can provide up to $750,000 in tax incentives based on the company’s investment of $65 million and annual targets of:
- Creation and maintenance of 250 Kentucky-resident, full-time jobs across 10 years; and
- Paying an average hourly wage of $20 including benefits across those jobs.
By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments.
In addition, the company can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives.