704.732.1511

Crate and Barrel Continues Growth in Lincoln County

Friday, November 17, 2006

Today Crate and Barrel announced plans to invest $8,400,000 to expand its distribution center in the Lincoln County Industrial Park. The current 211,000 square foot facility will be expanded to 383,000 square feet. The project will create at least 10 new jobs in Lincoln County and will begin immediately. “We are very excited about our expansion and look forward to inviting more Lincoln County residents to join the Crate and Barrel family,” commented Eddie Dowling, distribution center manager for Crate and Barrel.

The Lincoln County Board of Commissioners continued to demonstrate its support of industry by passing an incentive grant for Crate and Barrel. The company will receive approximately $177,000 in incentives. This grant will be paid out in equal installments over a five year period.

Tom Anderson, chairman of the Lincoln County Board of Commissioners commented, “This announcement by Crate and Barrel is welcome and confirms the business friendly environment offered by Lincoln County. We appreciate this decision by Crate and Barrel to expand their operations in Lincoln County and the opportunities they offer our citizens and the community. We look forward to their continued success and contribution to the economic future of Lincoln County.”

Today’s announcement follows two years of growth at the company’s Lincoln County distribution center. Crate and Barrel announced in October of 2004 it would invest over $8,700,000 to build a new distribution center in the Lincoln County Industrial Park. The center would be used exclusively for Crate and Barrel’s furniture lines, most of which are manufactured in western North Carolina.

Crate and Barrel, a well-known home furnishings retailer, was founded in 1962 in Chicago, Illinois by Gordon and Carole Segal. Today Crate and Barrel has over 130 stores in 25 markets, and over 6,000 associates nationwide. Its e-commerce site is www.crateandbarrel.com.

 

News