Ralph Lauren planning new facility in High Point, according to report
HIGH POINT, N.C. — Ralph Lauren is considering four different sites in the area to house a distribution building that would cost more $22 million, according to the Triad Business Journal.
According to the report, the expansion would consolidate distribution functions located in other parts of the country.
“I think it’s because of the leadership (Ralph Lauren) has here, which has been doing a very good job with what they have in terms of efficiency and cost,” a source told the Jouranl. “They’ve proven to their corporate parent that they can do the job.”
At least three different developers D.H. Griffin Sr., Samet Corp. and Carolina Investment Properties are being considered for the project.
Read more: Triad Business Journal