- Home Depot Inc (NYSE:HD) has opened three new distribution centers in Sparrows Point’s revitalized Tradepoint Atlantic development.
- The newly opened facility is an 812,000-square-foot building and offers fulfillment for online orders, providing a broader range of products directly to customers.
- The distribution centers will bring about 500 new full- and part-time jobs to Baltimore and provide faster delivery options to customers in the region.
- “By investing in our supply chain, we’ll continue to meet the changing expectations of our Pro and DIY customers – getting us closer to our goal of offering same day and next day delivery to 90 percent of the U.S. population,” said SVP supply chain, Stephanie Smith.
- Home Depot operates five distribution centers across the state of Maryland, servicing 42 stores.
- Price Action: HD shares are trading higher by 0.85% at $331.54 on the last check Tuesday.
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