Ace Hardware to Establish New $14 million East Coast Import Center in Virginia and Create 75 Jobs
09/29/2011
The company chose a 336,000-sq.-ft., build-to-suit location at the CenterPoint Intermodal Center in Suffolk for the center. It will service Ace's firm's existing East Coast regional distribution centers, including the one in Prince George County.
Jim Cheng, Virginia Secretary of Commerce and Trade, noted that 54 small business owners across Virginia own stores that belong to the Ace Hardware cooperative, and they employ hundreds of Virginians. "The cooperative also employs 275 people at its regional distribution center in Prince George County. We welcome the expansion of such a valued Virginia employer into the City of Suffolk."
The Virginia Economic Development Partnership worked with City of Suffolk and Hampton Roads Economic Development Alliance to secure the project for Virginia. A $100,000 grant from the Governor's Opportunity Fund will help the City of Suffolk with the project. Also, the Virginia Department of Business Assistance will provide funding and services to support the company's recruitment, training and retraining requirements.
Gov. McDonnell said he was extremely pleased that Ace Hardware Corp. has recognized "the world-class capabilities of Virginia's premier transportation system that includes the Port of Virginia, one of the largest intermodal networks on the East Coast."
Project Announcements
GE Appliances Expands Jefferson County, Kentucky, Operations
06/30/2025
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024