Dollar Tree establishing Upstate distribution facility

July 13, 2015

Company investing $104.4 million to create 400 new jobs

Dollar Tree, Inc. (NASDAQ: DLTR) is establishing new distribution operations in the Upstate Corporate Park located in both Cherokee and Spartanburg counties. The $104.4 million investment is expected to create 400 new jobs over the next five years.

Dollar Tree operates more than 13,600 stores across 48 states and five Canadian provinces. Its stores operate under the brands of Dollar Tree, Family Dollar, Dollar Tree Canada and Deals. The company is supported by a coast-to-coast logistics network and employs more than 145,000 associates.

A Fortune 500 company, Dollar Tree has served North America for more than 28 years. The company’s store support centers are located in Chesapeake, Virginia and Matthews, North Carolina. With more than 100 store locations in South Carolina, Dollar Tree continues to grow and is reaching new customers online at www.DollarTree.com.

Dollar Tree will locate its Upstate South Carolina distribution operations at a new facility in the Upstate Corporate Park, situated off of Interstate 85. Construction of the 1.5-million-square-foot facility is expected to begin this month, with hiring for the new positions expected to begin in the first quarter of 2016. Those interested in joining the Dollar Tree team should visit the company’s career center page online. For more information on the company, visit www.DollarTree.com.

The Coordinating Council for Economic Development has approved a $1.5 million Set Aside grant to assist with the cost of real property improvements as well as job development credits related to the project.

QUOTES

“Dollar Tree is a large organization with tremendous growth opportunities ahead of us. We have been very impressed with the business-friendly approach and support that the State of Carolina and counties of Cherokee and Spartanburg have provided. This project demonstrates our commitment to the Upstate area by creating hundreds of jobs in the region. We are proud to become a bigger part of the local community.” -Dollar Tree Chief Executive Officer Bob Sasser

“Dollar Tree has been extremely impressed with the South Carolina transportation infrastructure which will support the Upstate distribution center. The current Interstate 85 widening project and the efficiencies associated with the Greer Inland Port were instrumental in our site selection process. We also look forward to the recruiting and training assistance offered by the State’s Ready SC program as it will position us well in attracting and retaining long-term distribution center associates. We are excited about this Upstate project and are eager to initiate operations in 2016.” -Dollar Tree Chief Logistics Officer Stephen W. White

“Dollar Tree’s decision to build a new Upstate distribution center is a real reason to celebrate in South Carolina. This $104 million investment creating hundreds of new jobs truly will make a difference in the lives of South Carolinians, and I look forward to watching both Dollar Tree and the local community thrive for many years because of this partnership.” -Gov. Nikki Haley

“Today’s announcement by Dollar Tree is a testament to the logistics advantages and pro-business reputation the Palmetto State has earned. We’re excited to have such a successful, nationally-recognized company select the South Carolina for a major distribution operation, and I look forward to supporting their future growth and success in our state.” -Secretary of Commerce Bobby Hitt

“SC Ports Authority is excited to welcome Dollar Tree to South Carolina. Their Upstate location is ideally suited for serving the growing Southeastern consumer market, and the Inland Port in Greer provides them with overnight access to import cargo for retail distribution. The port’s investment in infrastructure to support Dollar Tree operations will be returned through significant volumes over the coming years, and we look forward to serving their import logistics needs.” -SC Ports Authority President and CEO Jim Newsome

“Cherokee County looks forward to Dollar Tree becoming an integral part of the business community that currently thrives throughout our community. We are proud of the relationship that we have with Spartanburg County and feel that this project demonstrates the strength of partnerships for our region. It is our hope that this investment will demonstrate Cherokee County’s ability and continued desire to make Cherokee County a better place to live, work, and invest.” -Cherokee County Council Chairman Tim Spencer

“Spartanburg County prides itself on the long-term partnerships we create with the companies locating and expanding here, and we look forward to this same partnership with Dollar Tree. The 15 years of teamwork, planning, investment, and vision exhibited by Spartanburg and Cherokee Counties in the creation of the Upstate Corporate Park is a testament to the whole being greater than the parts. The manner in which the Cherokee County Development Board and the Spartanburg Economic Futures Group work is to be commended.” -David Britt, chairman of the Economic Recruitment and Development Committee of Spartanburg County and member of the Economic Futures Group Board

News Coverage: WYFF 4 | Greenville News