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CVS/pharmacy Announces Plans for New Distribution Center in Southern New York
Date:2/5/2009

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 Tie
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SOURCE CVS/pharmacy
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