From Virginia Business:
DHL Supply Chain, a contract logistics company with its North American headquarters in Ohio, is investing $72 million to establish a mid-Atlantic distribution center in Stafford County’s Venture Business Park, creating 577 jobs, Gov. Ralph Northam announced Tuesday.
The company will build a 500,000-square-foot high-bay facility for its Real Estate Solutions unit. Virginia competed with Maryland to land the project.
“This significant investment and the addition of 577 new jobs come at a critical time when we are focused on rebuilding our economy and getting Virginians back to work,” Northam said in a statement. “The ongoing pandemic has underscored the value of supply chain management and delivery services during times of crisis. With our central East Coast location and advanced transportation infrastructure, our commonwealth offers unparalleled advantages for businesses, and we are proud to support the company’s new high-tech operation in Stafford Country.”
A subsidiary of parent company Deutsche Post DHL Group, a German publicly traded company with more than $76 billion in revenue in 2019, DHL Supply Chain employs approximately 36,000 people in the United States. The company offers a portfolio of industrial supply chain management, warehousing, transportation and value-added logistics services. The company’s Real Estate Solutions unit develops turnkey warehousing solutions for customers.
“Virginia has strong transport links catering for all modes of transport, access to a high-quality workforce and an above-average level of GDP per capita, which contributes to an attractive investment environment for DHL Supply Chain’s Real Estate Solutions unit,” said Carl DeLuca, head of real estate Americas for DHL Supply Chain. “We are excited to build on the company’s presence in this market, and are grateful to Gov. Northam and his team, as well as the local authority of Stafford County, for the support they have provided to DHL on this project. We look forward to developing a solution that will deliver 577 jobs to the region and further enhance the competitiveness and attractiveness of Virginia as a logistics hub.”
The Virginia Economic Development Partnership worked with Stafford County to secure the project for Virginia. Governor Northam approved a $1.7 million grant from the Commonwealth’s Opportunity Fund to assist Stafford County with the project. DHL Supply Chain is eligible to receive benefits from the Major Business Facility Job Tax Credit for full-time jobs created by the project. The Virginia Jobs Investment Program will provide funding and services to support employee training activities.
