NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Target Corporation announced today the company’s plans to locate a new 900,000 square foot online fulfillment center at 5461 Davidson Road in Memphis. Target will invest upwards of $50 million in the facility and create more than 400 new jobs in Shelby County.
“We want to welcome Target to Tennessee and thank the company for investing in our state and adding more than 400 jobs to our Memphis workforce,” Haslam said. “It goes without saying that a company like Target can choose to do business anywhere in the country, so it means a great deal that they chose Memphis. We are always grateful for announcements like these as they help us toward our goal to make Tennessee the No. 1 location in the Southeast for high quality jobs.”
“Tennessee’s favorable central location and strength in transportation and logistics is second to none, and with convenient access to the Memphis International Airport, the No. 1 busiest cargo airport in the Western Hemisphere, Memphis is an extraordinary choice for Target’s newest online fulfillment center,” Hagerty said. “Target will be a great addition to the corporate landscape of Shelby County, and I applaud the company for its investment and confidence in our state and our exceptional workforce.”
“Tennessee is a great market for Target stores, and we are excited to expand our presence in the state,” Mike Robbins, Target’s senior vice president of distribution, said. “We look forward to serving guests across the region from this new online fulfillment center in Memphis.”
The Memphis facility will be managed by a third-party vendor, Innotrac, and will service the Southeast United States. Target conducted a multi-state search and selected Memphis based on competitive costs, availability of workforce, real estate, local and state support, and accessibility.
“We are excited to work with Target through the final steps of the process in order to bring new jobs to the city of Memphis,” Memphis Mayor A C Wharton, Jr. said. “Memphis continues to show its strength in distribution and logistics, and we look forward to adding yet another nationally known brand name to our distribution network.”
“The fact that Target chose Shelby County to apply for local incentives shows that Shelby County continues to be competitive for some of the biggest distribution projects in the country,” Shelby County Mayor Mark H. Luttrell, Jr. said. “Through the EDGE board, we look forward to working with Target to bring these new jobs to Shelby County.”
Ranked No. 36 on the Fortune 500 list, Target is the second-largest discount retail chain in the United States. Target’s online sales grew by more than 30 percent in the third quarter of this year, and the company has two of the most downloaded retail apps: Cartwheel, a digital coupon app, and the flagship Target app.
“TVA and MLGW congratulate Target Corporation on its announcement to open a major fulfillment center in Memphis, Tennessee,” TVA Senior Vice President of Economic Development John Bradley said. “It’s always great news and a boost to the economy when a company announces hundreds of new jobs, and we are pleased to partner with the state of Tennessee, the Greater Memphis Chamber, EDGE, and many other city and county leaders to support Target’s location decision.”
“We are thrilled to welcome the Target fulfillment center and its 400 jobs to the Memphis area,” Phil Trenary, president & CEO of the Greater Memphis Chamber, said. “Memphis continues to attract top companies like Target with its commitment to creating a quality workforce and long-standing reputation as a center for distribution and logistics.”
Hiring for the new facility is to begin in early 2015, and the fulfillment center is to be operational by mid-2015. Those interested in applying for available positions can visit www.InnotracCareers.com for more details.
About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,934 stores – 1,801 in the United States and 133 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, that giving equals more than $4 million a week. For more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit ABullseyeView.com or follow @TargetNews on Twitter.
About the Tennessee Department of Economic and Community Development
Tennessee was named “2013 State of the Year” for economic development by Business Facilities magazine. The Tennessee Department of Economic and Community Development’s mission is to develop strategies which help make Tennessee the No. 1 location in the Southeast for high quality jobs. The department seeks to attract new corporate investment in Tennessee and works with Tennessee companies to facilitate expansion and economic growth. Find us on the web: tn.gov/ecd. Follow us on Twitter: @tnecd. Like us on Facebook: facebook.com/tnecd.
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