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Family Dollar Stores to open distribution facility in Ashley, Ind.

Foreign Exchange MarketFamily Dollar Stores Incorporated

Family Dollar Stores, Inc.'s plans to open a new distribution facility in Ashley, Ind. received national recognition last week as a winner of Trade & Industry Development magazine's 7th annual Corporate Investment and Community Impact Awards (CiCi).

The project was chosen from hundreds of applications as one of the top 15 in the Community Impact category for the Fortune 300 retailer's nearly $70 million planned investment to build an 815,000 square-foot, highly automated distribution facility and anticipated creation of 350 jobs.

"Our number one goal is to provide Hoosiers from towns small and large more jobs. Trade & Industry Development's recognition of Family Dollar's decision to bring hundreds of new jobs to Ashley is not only a testament of the economic impact it will have on the local community but the hard-work, dedication and coordination of both company officials and the people of Ashley in bringing this project to fruition," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation.

Community Impact CiCi Award selections are based on an analysis of the project's positive impact on the local community. For a complete list of winners, see Trade & Industry Development's March/April issue or visit

"Family Dollar Stores Inc.'s project in Ashley, Ind., embodies the spirit of the CiCi Awards' Community Impact category as the 350 new jobs it will create in a community of just 1,000 residents will most certainly bring a remarkably positive change to the community at large," said Scott Swoger, publisher of Trade and Industry Development.     

The first Family Dollar store was opened in 1959 by a 21-year old entrepreneur and has since grown to 7,100 stores nationwide. When the company's Ashley site becomes operational later this month, it will be its 10th such center nationally. 

"Family Dollar is honored by this award," said Charles Gibson, executive vice president, supply chain of Family Dollar. "Our new distribution center in Ashley will allow us to serve our customers more efficiently while providing hundreds of new jobs in a state of the art facility."

The CiCi Award is the latest in a number of honors Indiana has received for its economic development environment in the past year. Most recently, Indiana was ranked best in the Midwest and the fifth overall best state for doing business by Area Development magazine. Also, Site Selection named the Hoosier State's business climate the sixth best in the nation.

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