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Report: $96M Alamance County project likely Walmart distribution center

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Walmart stock photo (CNN)

GRAHAM, N.C. — A mysterious $96 million investment an unnamed company is considering for a proposed economic development in Alamance County could be a Walmart distribution center, according to the Triad Business Journal.

The Business Journal, citing “industry sources,” reports the entity behind Project Swordfish is likely Walmart Stores Inc.

According to details discussed this week by county commissioners, the unidentified company would invest $85 million in building a 500,000-square-foot distribution center in addition to $11 million in equipment purchases.

The project would create 450 jobs with an average wage of $35,374, the Journal reports.

The company is considering a 186-acre site in the Hawfields community for the development.

Read more: BizJournals.com

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