GROCERY SCORE.
Author | Pressler, Alyssa |
Position | STATEWIDE: Triad |
With its stores blanketing Florida, supermarket chain Publix can't head south unless it expands into the Caribbean. So it is moving northward, and a $400 million investment in Greensboro will play a key role in the expansion. A new distribution center, slated to open in 2022, is expected to employ 1,000 by 2025, with salaries averaging $44,000 a year.
"Publix is such a notable company," Greensboro City Manager David Parrish says. The Lakeland, Fla.-based company had 2017 sales of nearly $35 billion. "It certainly helps to have them make a choice to come here. I think it will give us recognition as we continue to pursue other projects."
With interstates 40, 85, 73 and 77 running through the area, the Triad is an important hub for distribution. Harris Teeter, the U.S. Postal Service, FedEx and O'Reilly Auto Parts are among the many enterprises that operate centers in Greensboro.
Publix chose the Gate City after months of negotiation and scouting by company executives, who had also targeted Cherokee County, S.C., for the operation. Incentives helped seal the deal, with Publix eligible to receive as much as $15.9 million from the state, including tax breaks, utility grants and...
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