Lowe : Governor Haslam, Commissioner Boyd Announce Lowe’s To Locate New Direct Fulfillment Center In Tennessee

NASHVILLE, Tenn., July 28, 2016/PRNewswire/ - TennesseeGov. Bill Haslamand Economic and Community Development Commissioner Randy Boydjoined Lowe's today to announce the company will locate a new direct fulfillment center in Robertson County. The home improvement company expects to invest approximately $100 millionand create up to 600 jobs in Coopertown, northwest of Nashville.

Lowe's direct fulfillment center will cover some 1.1 million square feet - the equivalent of 22 football fields under one roof. Plans call for it to be operational by the third quarter of 2018, initially employing approximately 400 people and growing to 600 employees by 2022. One of the most technology driven and sophisticated operations the company has built, the center will ship parcel packages directly to Lowe's customers and stores nationwide.

'We're continually working to make doing business with Lowe's easier for customers. Investing to build a new direct fulfillment center - the first of its kind for Lowe's - allows us to offer customers more products online, consolidate multiple parcel shipments and ship purchases directly to customers faster and more efficiently,' said Brent Kirby, Lowe's chief supply chain officer. 'The Nashvillearea was chosen due to its existing large shipping hubs, access to interstate roadways and well-skilled workforce.'

Lowe's is the second largest home improvement company in the world. The company was founded in 1946 and today Lowe's and its related businesses operate or service more than 2,355 retail locations in the United States, Canadaand Mexicoand 285,000 employees.

'We appreciate Lowe's for choosing Tennesseeand Robertson Countyas the location for its new fulfillment center and creating 600 jobs for our state,' Gov. Haslam said. 'Lowe's joins more than 16,000 transportation, logistics and distribution establishments operating throughout the state. We welcome Lowe's to Tennesseeand thank the company for bringing us one step closer to our goal of making Tennesseethe No. 1 location in the Southeast for high quality jobs.'

'Tennessee'sgeographical location is in the heart of the U.S. with easy access to markets around the world, which makes our state the perfect location for a company like Lowe's to locate its new fulfillment center,' Commissioner Boyd said. 'I want to thank Lowe's for choosing Robertson Countyfor its new operations and for creating these jobs for our state's growing workforce.'

Local leaders and partners expressed gratitude to Lowe's for choosing Robertson Countyas the home for the company's new fulfillment center.

'We are thrilled that Lowe's has chosen Coopertown and Robertson Countyfor this amazing new facility,' said Margot Fosnes, president & chief economic development officer, Robertson CountyChamber of Commerce. 'It is gratifying to see the confidence in our workforce and our community's ability to support and provide a positive environment for their operations. We look forward to a long and prosperous working relationship with Lowe's in Robertson County.'

'Robertson Countyis proud to welcome Lowe's to our community. This is the culmination of many months of hard work by so many people,' Robertson CountyMayor Howard Bradleysaid. 'The prospect of 600 new jobs in our county is exciting. Beyond that is the hope that this will be a prelude to further economic expansion in the western portion of our county. We believe this could be the catalyst that opens up the entire I-24 corridor to new life and opportunity. We are grateful to Lowe's for having the faith in our region to bring this enormous investment into our collective future.'

'The Town of Coopertown is thrilled to be chosen as the site for this new, state of the art distribution facility for Lowe's,' Coopertown Mayor Sam Childssaid. 'We believe the investment and confidence that Lowe's has placed in our town will put us on the map and spur additional growth and development within our community.'

'TVA and Cumberland Electric Membership Corporation congratulate Lowe's on its decision to locate in Coopertown, Tennessee, and create hundreds of new job opportunities in the community,' said TVA Senior Vice President of Economic Development John Bradley. 'We are privileged to partner with Tennessee Department of Economic and Community Development, Robertson CountyChamber of Commerce, city of Coopertown and Robertson Countyto help foster Lowe's success at its new operations location.'

Coopertown and Robertson Countyare represented by Sen. Kerry Robertsand Rep. Sabi 'Doc' Kumar.

About the Tennessee Department of Economic and Community Development
Tennesseewas named 2014 and 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 Tennesseethe No. 1 location in the Southeast for high quality jobs. The department seeks to attract new corporate investment in Tennesseeand works with Tennesseecompanies to facilitate expansion and economic growth. Find us on the web: tnecd.com. Follow us on Twitter: @tnecd. Like us on Facebook: facebook.com/tnecd.

About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canadaand Mexico. With fiscal year 2015 sales of $59.1 billion, Lowe's and its related businesses operate or service more than 2,355 home improvement and hardware stores and employ over 285,000 employees. Founded in 1946 and based in Mooresville, N.C., Lowe's supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com.

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SOURCE Lowe's Companies, Inc.