Benzinga | Jan 26, 2022 12:15PM EST

Tractor Supply Plans To Build Distribution Center In Arkansas

* Tractor Supply Co (NASDAQ:TSCO) plans to build a new distribution center in Maumelle, Arkansas.

* The approximately 900,000 square foot distribution center represents an initial investment of about $100 million.

* Construction is scheduled to begin in the middle of 2022, with the completion expected in late 2023.

* The company expects the facility to create more than 450 new full-time jobs by the end of 2023 and service about 250 Tractor Supply stores at full capacity.

* The Arkansas center will be the tenth distribution center for the company.

* Price Action: TSCO shares are trading higher by 0.30% at $213.00 on Wednesday's last check.