Multi-million dollar incentive plan to woo Wal-MartAll Articles
Wal-Mart is considering investing $135m to build a super regional import distribution center in Mobile County, Alabama. It would be Walmart’s sixth super regional facility in the United States and the fourth largest.
The proposed center is also described as being the largest building in Mobile County by far. The operation would provide 550 full-time jobs and when fully operational, would draw 600 truckloads of goods a day from the port of Mobile.
The purpose of the center is to receive containers of merchandise from Asia and redistribute the products to Walmart stores across the south.
The retail giant has been offered an incentive package worth $25.4m to open the center in Alabama.
Mobile County approved 20 years of abatements on sales and use taxes and ad valorem taxes valued at $11.5m, while the state has put together a similar package that would provide $3.8m in abatements. The company will also receive a $2.3m grant from the Mobile County, a $2.3m grant from the City of Mobile and a $4.5m grant from the state of Alabama. The county will also be paving a road from McDonald Road moving westward to the facility to support the projected 600 daily trucks expected to bring goods to the distribution center. In a separate agreement, the state will also provide an additional $1 million through the Alabama Department of Transportation (ALDOT) that will come from a special highway tax to assist with other infrastructure needs.
Workers would have an average salary of $16.83 per hour or $35,000 annually. Those numbers will be crucial for the retail giant, as failing to maintain them would void future incentives promised by the county and state.
A decision on the investment is expected in October, 2016.
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