KINGS MOUNTAIN, N.C. — Walmart Inc. (NYSE: WMT) is closing in on a massive investment in the Charlotte region. The retail giant’s new proposed distribution operation would also be housed at one of the market’s marquee industrial developments.
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The N.C. Economic Investment Committee, on Tuesday morning, approved incentives for a $300 million project from Walmart Fulfillment Services LLC. Walmart is expected to create 300 jobs in Kings Mountain at a fulfillment center for large items such as televisions, furniture and appliances.
Multiple sources have told the Charlotte Business Journal that Walmart is eyeing Kings Mountain Corporate Center — the nearly 1.3 million-square-foot building developed by The Keith Corp. — to house its operations.
Read more from the Charlotte Business Journal here.
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