True Value Invests $150 Million in New Distribution Center
The True Value Company announced a strategic investment of $150 million in a new distribution center in Hanover, Pennsylvania.
The company currently operates 13 distribution centers around the country from California to New Hampshire.
“True Value is excited to make this substantial investment to develop a world class supply chain and distribution operation in Hanover Township,” said John Hartmann, president and chief executive officer at True Value Company. “The new facility will help alleviate congestion in our other distribution centers, provide the highest in-stock rates and position our network to support our retailers’ growth with greater flexibility and service.”
The million square foot facility is slated to open this fall. True Value says the new distribution center will help supply more than a thousand hardware stores.