CVS facility expected to open in 2011 and bring 600 new jobs to the region
WOONSOCKET, R.I., Feb. 5 /PRNewswire/ -- CVS/pharmacy, America's largest
retail pharmacy, announced today that it is finalizing plans to build a
750,000 square foot distribution center in Chemung County, New York.
CVS/pharmacy's proposed distribution center, which is subject to final
negotiations and approvals from state and local agencies, would support the
inventory and fulfillment needs of approximately 350 CVS/pharmacy stores in
the northeast. The selected site is located off White Wagon Road in the Town
of Chemung and is expected to employ about 600 people after it becomes
operational in 2011.
"Our proposed Chemung County site is an ideal location to support our
expanding distribution needs in the northeast," said Ron Link, Senior Vice
President of Logistics at CVS/pharmacy. "We want to thank state and local
officials for their cooperation and support during our site selection process.
We look forward to receiving their final approvals, which will enable us to
move forward with this project."
"This is great economic news for the residents of our entire region and
could not have come at a better time," said Tom Santulli, Chemung County
Executive. "After four years of hard work to develop the White Wagon Road
site, to land a company the magnitude of CVS/pharmacy is a testament to the
working partnership between local government and the State of New York. This
project will create hundreds of quality jobs and provide a significant boost
to our local economy."
"We are pleased that CVS recognizes that Chemung County is an outstanding
environment from which to launch future development," said Empire State
Development Upstate President Dennis Mullen. "The county's skilled workforce
and central location, coupled with the strategic and well-developed
transportation infrastructure of the Southern Tier, make it a great place to
do business. This is testament to the State's continued attractiveness as a
place for businesses to grow and prosper. CVS is a dynamic company and we look
forward to continuing to work with them."
CVS/pharmacy expects to close on the 311-acre property before the end of
the first quarter of 2009 and to break ground in the spring.
CVS/pharmacy, the retail division of CVS Caremark Corporation (NYSE: CVS),
is America's largest retail pharmacy with more than 6,800 CVS/pharmacy and
Longs Drug stores. CVS/pharmacy is committed to improving the lives of those
we serve by making innovative and high-quality health and pharmacy services
safe, affordable and easy to access, both in its stores and online at CVS.com.
General information about CVS/pharmacy and CVS Caremark is available at
CONTACT: Mike DeAngelis of CVS/pharmacy, +1-401-770-2645,