Discount retailer Ross Dress For Less will build a southeastern U.S. distribution center in central North Carolina, investing $450 million and creating 850 jobs, officials announced Tuesday.

Ross Stores Inc., which operates Ross Dress for Less and another off-price chain, aims to complete its capital investment at the Randolph County site by the end of 2026 and create the jobs from 2027-2031, according to a document provided by the state Commerce Department.

Off-price chains, which also include TJ Maxx and Marshalls, buy brand-name clothing and other products directly from manufacturers or other retailers with excess inventory, then sell them in no-frills stores.

Ross Stores calls Ross Dress For Less the largest off-price apparel and home fashion chain in the U.S., with over 1,700 locations in 43 states, the District of Columbia, and Guam.

The 330-acre (134-hectare) distribution center, to be located about 20 miles (32 kilometers) south of Greensboro, will provide warehousing, fulfillment and packing operations, Gov. Roy Cooper's office said in a news release.

The minimum average wage for the new jobs will be essentially at the Randolph County average of $45,800 per year.

The California-based company was choosing between the site in Randleman and another in Laurens County, South Carolina, according to information provided to a state committee that approves some government incentives. The Economic Investment Committee agreed earlier Tuesday to award Ross up to $7.6 million in cash payments over 12 years if it meets job-creation and investment targets. In all, the company is poised to receive over $52 million in state and local incentives, most of which would originate from Randleman and Randolph County government.

Copyright 2024 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

300x250 Ad

300x250 Ad

Support quality journalism, like the story above, with your gift right now.

Donate