Benzinga | Aug 10, 2021 11:37AM EDT

Home Depot Opens Three Distribution Centers; To Bring 500 Jobs To Baltimore

* 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.