Walmart to build $220m distribution centre near Charleston| Ti-insight.com

Walmart

Walmart has announced plans to build an import distribution centre near Ridgeville, Charleston. The distribution centre will give the State Ports Authority an anchor tenant for an industrial park aimed at diversifying cargo shipments through the Port of Charleston.

Once completed, the new storage and cross-dock facility will span nearly 3m sq ft and will be operational by April 2022. The new facility will employ 1,000 full-time employees and according to Walmart will boost the port’s cargo volume by 70,000 containers annually.

“The distribution centre announcement is tremendous news for the area, and the South Carolina Ports Authority, representing a major strategic success and putting South Carolina on the map for large retail companies,” said Jim Newsome, the Authority’s President and CEO.

The move marks a major step in the State Ports Authority’s goal of diversifying its customer base, which has been largely dependent on manufacturing shipments over the past decade.

Walmart and the State Ports Authority have been negotiating since 2017 and the authority’s purchase of the 950-acre Ridgeville Commerce Park, approximately 30 miles from the Port of Charleston’s shipping terminals for $16.2m in 2018 helped to swing a deal. The Walmart distribution centre will sit on 250 acres and will include two buildings, 2,200 spaces for trucks and 500 loading docks. It will support roughly 850 stores in a 150-mile radius and will also fulfil e-commerce orders.

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Source: The Post and Courier


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