HOW MUCH ARE THESE BOX-STACKING JOBS GOING TO COST TAXPAYERS?
|| By FITSNEWS || From the “South Carolinians are good at stacking boxes” file (which is always overflowing), drugstore chain Rite Aid announced this week its intention to open a new distribution center in Spartanburg County, S.C.
The project – which state officials claim will net 600 new jobs – purports to be the company’s first new distribution center in fifteen years. It aims to consolidate three existing facilities into one larger, $90 million building that “will support the inventory and fulfillment needs of approximately 1,000 Rite Aid stores in the southeastern United States.”
Rite Aid currently employs an estimated 1,400 workers at nearly 100 retail pharmacy locations across the state. Nationally, the chain operates 4,600 stores in thirty-one states – with $25.5 billion in annual revenue.
“Information on employment opportunities at Rite Aid’s new facility in Spartanburg will be made available in the second half of 2015,” state officials said.
Now … how much are these 600 new jobs going to cost taxpayers?
It’s not immediately clear …
Discretionary “incentives” were awarded to the company via the state’s Coordinating Council for Economic Development (CCED) – while a government-subsidized utility made an infrastructure grant of $520,000. No doubt local governments also paid the piper …