Lowe’s to Set Up Distribution Center in Greenwood
Home improvement retailer Lowe's plans to lease a portion of this warehouse in Greenwood. (photo courtesy: the Daily Journal)
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowHome improvement retailer Lowe’s will lease existing warehouse space in the city of Greenwood to improve its delivery system throughout the Midwest.
Our partners at the Daily Journal report Lowe’s will lease 92,000-square-feet of a 156,000-square-foot building and hire 100 new workers.
The publication says adding the space will allow the company to provide faster and more predictable delivery to customers as it expands its distribution network.
Lowe’s spokesperson Steve Salazar told the paper the Greenwood location will allow for next-day deliveries of more products.
The retailer will lease the property from Illinois-based developer Verus Partners, which in 2018 received a $1.2 million tax break from the city to build the facility.
The paper says the remaining 64,000 square feet is still available.
Lowe’s expects to begin operations in Greenwood by the end of the year.
Click here to read the full story from the Daily Journal.