Walmart Building Two New Distribution Centers as Part of Strategic Florida Investment
BENTONVILLE, AR - Walmart is making another move to expand its geographic footprint and supply capabilities as the buy-side continues to keep us on our toes.
The retail giant has laid the groundwork for a new state-of-the-art distribution facility in Cocoa, Florida, according to news source Area Development, to support growing demand of both online and in-store purchases.
This comes on the heels of another facility Walmart just announced: a $450 million e-commerce fulfillment center to be in Davenport, Florida, which the company said is part of its investment plan in the state for 2017-2018.
While Walmart did not comment on the coming Cocoa facility, SVP of its U.S. e-Commerce Supply Chain, Nate Faust, said on the new Davenport center, “This campus is just the latest example of Walmart’s commitment to offering customers fast shipping on items they need every day. We’re excited not only about the economic impact our facility has had, and will continue to have, in the community, but also how it will help us empower our customers to shop when and how they want.”
The Davenport facility is estimated to bring more than 1,500 jobs to Florida’s Polk County. The Cocoa distribution center, with a construction capital investment of $133 million, an additional $15 million in equipment, and standing at 460,000-square-feet, will bring upwards of 460 employees into a ‘high-tech work environment.’
The refrigerated warehouse, specified for perishable goods in the company’s announced intentions for the state, should be up and running by the end of 2018.
Other announced investments in Florida include:
- Nine new stores across the state, creating more than 800 jobs statewide in stores alone
- Execute a multi-million-dollar capital investment plan by remodeling more than 40 locations across the state
As the company continues to unveil strategic growth strategies, keep checking in with AndNowUKNow.