OLLIE'S CELEBRATES CONSTRUCTION MILESTONE AT NEW PRINCETON DISTRIBUTION CENTER
HARRISBURG, Pa., Sept. 26, 2023 /PRNewswire/ -- Ollie's Bargain Outlet Holdings, Inc. (Nasdaq: OLLI) gathered today with officials from the Illinois Department of Commerce and Economic Opportunity, the city of Princeton, and ARCO Design Build to celebrate a significant construction milestone for the new Ollie's distribution center in Princeton, Illinois. In a time-honored tradition known as "Topping Out," a signed steel beam was placed on the roof to signal the next phase of construction on the more than 615,000 square foot facility. Scheduled to open in 2024, the new distribution center is a crucial part of Ollie's growth plan in support of the company's nationwide expansion efforts to open more than 1,050 stores. Ollie's new Princeton facility, representing a capital investment of over $75 million over the coming years, will also create over 200 new full-time jobs in the next few years, generating economic benefits for the region.
- HARRISBURG, Pa., Sept. 26, 2023 /PRNewswire/ -- Ollie's Bargain Outlet Holdings, Inc. (Nasdaq: OLLI) gathered today with officials from the Illinois Department of Commerce and Economic Opportunity, the city of Princeton, and ARCO Design Build to celebrate a significant construction milestone for the new Ollie's distribution center in Princeton, Illinois.
- Scheduled to open in 2024, the new distribution center is a crucial part of Ollie's growth plan in support of the company's nationwide expansion efforts to open more than 1,050 stores.
- "We gather today to celebrate a major milestone for Ollie's and the city of Princeton," said Princeton Mayor Ray Mabry.
- Ollie's will begin employee recruitment for the Princeton distribution center in 2024.