Quantcast
Get breaking news alerts via email

Click here to manage your alerts
Bloomberg photo The Utah Family Dollar Stores facility will be the 11th for the North Carolina-based company, which operates more than 7,100 stores nationwide, including 61 in Utah.
Family Dollar gets Utah incentive to build distribution center

$4.3M aimed at St. George facility that will employ hundreds.

First Published Mar 30 2012 11:24 am • Last Updated Jun 25 2012 11:40 pm

The board of the Governor’s Office of Economic Development on Friday approved a $4.3 million incentive for Family Dollar Stores Inc., which wants to build an $80 million warehouse-distribution facility in St. George that eventually could employ as many as 450 workers.

The Utah facility will be the 11th for the North Carolina-based company, which operates more than 7,100 stores nationwide, including 61 in Utah.

At a glance

Incentive details

Who » Family Dollar Stores Inc. receives a $4.3 million incentive from the state

For what » An $80 million, 800,000-square-foot warehouse-distribution facility

Where » St. George

Expected opening » Spring 2013

Number of employees » 450 hired over a 20-year-period

Join the Discussion
Post a Comment

David Styka, Family Dollar’s vice president of finance, said the company was attracted to Utah because of the quality of the work force.

"You can put a lot of numbers on property, but the people are what really matters," he said.

Family Dollar plans to break ground on its 800,000-square-foot facility in the F. Pierce Industrial Park in St. George this summer and expects to begin operations in mid-2013.

The state’s $4.3 million incentive to Family Dollar will be handed out incrementally in the form of a tax credit over the next 20 years and is contingent upon the company adding the promised 450 jobs to the Utah economy in that time period.

Family Dollar said it expects to hire close to 350 employees within the first few years and intends to begin the process in spring 2013 in preparation for the facility’s opening.

The new jobs will all include full health and retirement benefits.

Utah Gov. Gary Herbert said in a statement that Family Dollar’s decision to expand in Washington County further enhances the state’s reputation as a premier logistics and distribution center.

The first Family Dollar store was opened in 1959. For its 2011 fiscal year that ended August 31, 2011, the company recorded revenue of $8.5 billion and net income of $388 million.


story continues below
story continues below

steve@sltrib.com

Twitter: @OberbeckBiz



Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment


About Reader Comments


Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Staying Connected
Videos
Jobs
Contests and Promotions
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Login to the Electronic Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.