Wal-Mart distribution center coming to Alamance
Wal-Mart Stores Inc. is planning to open a distribution center for perishable grocery items in Alamance County, creating 450 jobs and investing $100 million across three years.
The center will serve 123 Wal-Mart stores in North Carolina and surrounding states, according to an announcement by Gov. Pat McCrory and N.C. Secretary of Commerce Sharon Decker made Tuesday.
“We’re committed to promoting economic growth in North Carolina and we know that many of those jobs will come from existing companies like Wal-Mart,” Decker said in a prepared statement.
The new center will be between Mebane and Graham in a 1,200-acre economic development zone established last year, according to a release by the Alamance County Economic Development office.
Alamance County, Mebane and Graham will share in the infrastructure expenses, according to the release, as well as in the tax revenues for companies locating within the zone.
A performance-based grant from the One North Carolina Fund of up to $1.1 million has been pledged as an incentive for the project. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. These grants also require and are contingent upon local matches.
Salaries will vary by job function, but the average annual pay for the new jobs will be $35,374 plus benefits. The Alamance County average annual wage is $34,858.