400 A.V. JOBS ON WAY; RITE AID TO BUILD DISTRIBUTION CENTER IN LANCASTER.Byline: Jim Skeen Daily News Staff Writer Drug store chain Rite Aid Rite Aid (NYSE: RAD) is a United States retailer and pharmacy chain, operating over 5,000 stores in 31 states and the District of Columbia. Rite Aid Corporation is one of the nation's leading drugstore chains. Corp. will build a $60 million to $70 million distribution center in Lancaster, employing 400 people to start and expanding to as many as 1,000 workers. The owner of the Payless and Thrifty chains, Pennsylvania-based Rite Aid will build a 1 million-square-foot distribution center for the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century on 88 acres it is buying from the city for $1. ``This is significant because of the stature of the company. Rite Aid is one of the biggest drug store chains in the country,'' Lancaster Mayor Frank Roberts Frank Roberts may refer to:
The news of Rite Aid coming to Lancaster was mentioned Friday by Gov. Pete Wilson For others named Pete Wilson, see . Peter Barton Wilson (born August 23, 1933) is an American Republican politician from California. Wilson served as the thirty-sixth Governor of California (1991–1999), the culmination of more than three decades in the public arena that , who cited it during his budget message as a further sign of California shedding its anti-business reputation. ``Today's announcement by an emerging leader such as Rite Aid is welcome news for California and further evidence that critical business reforms enacted over the past several years are central toward creating a friendlier business climate for jobs and investment,'' Wilson said. The company, which announced plans last year to open dozens of Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, stores, expects to begin construction at 30th Street West between Avenues G-8 and H in February and plans to be ready for business in the fall of 1999. Rite Aid plans to have 400 employees when the distribution center opens and then grow to 850 workers within three years. Eventually the company plans to have 1,000 workers. To land the project, Lancaster is selling the 88 acres to Rite Aid for $1. Lancaster also will forgo $1.4 million in development fees. Rite Aid, which has more than 3,900 stores in 31 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , received offers from Arizona and Nevada for the distribution center. The company chose Lancaster because officials were impressed with the efforts by a ``red team'' of state, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County, and city officials and business representatives to bring them to California. ``We were very impressed with the can-do attitude here,'' said Ron Miller Ron Miller or Ronald Miller can refer to several different people:
In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. an atmosphere conducive of what we were trying to do.'' Another major attraction for the company was the Antelope Valley's enterprise zone status. Enterprise zones offer businesses such incentives as tax credits on equipment purchases, deductions for interest income earned on investments and credit for hiring employees through certain job programs. Chris Holben, undersecretary of the California Trade and Commerce Agency, said the project wouldn't have come to fruition without the enterprise zone. Lancaster acquired the distribution center site as part of 221 acres it bought for $650,000 in January 1997. Michael's, the craft store chain, is building a $16 million, 423,000-square-foot warehouse on a portion of the property. The rest of the property is planned for a new Antelope Valley Fairgrounds n. pl. 1. same as fairground. . CAPTION(S): Photo PHOTO (Color) Ron Miller, left, Rite Aid Corp. senior vice president, is greeted by Lancaster Mayor Frank Roberts. The drug store chain will be building a distribution center in the city. Jeff Goldwater/Daily News |
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