Target Selects Contractor for New York Distribution Center Expansion

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Researched by Industrial Info Resources (Sugar Land, Texas)--Target Corporation (NYSE:TGT) (Minneapolis, Minnesota) has selected the Ryan Companies U.S. Incorporated (Minneapolis) to provide general construction services for a $62 million expansion of the company's distribution center in Amsterdam, New York.

Plans involve the expansion of the existing 1.47 million-square-foot building by constructing a 470,000-square-foot building with the installation of supporting equipment for the company's increased inventory needs. Construction is anticipated to begin in mid-summer, with overall completion set for the summer of 2011. Approximately 150 to 175 jobs will be created and added to the existing 570. The distribution center opened five years ago and supplies products to between 60 and 80 stores in the northeast U.S.

Target, founded in 1902, is an American retailing company considered to be the second-largest discount retailer in the U.S. Target provides various products that include clothing, housewares and food.

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