Merchants Distributors Inc., a supplier of food and related items that
supplies grocers, restaurants, and other food establishments, will
invest more than $50 million to expand its distribution center in
Hickory, North Carolina, according to the North Carolina governor's
office. The company will add 200 jobs at an average annual salary of
$51,123 plus benefits. "As our customer base continues to grow and
diversify, we evaluated a number of options and locations to meet the
growing demand," says Matt Saunders, MDI's president, "In the end, we
have determined that expanding here in North Carolina was absolutely
the right move for us." Incentives offered to the company include a
grant from the state that could yield up to $2.82 million based on job
creation over a 10-year period.
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