Portland, TN – Federated department stores will build a distribution center in Portland, Tennessee to handle the company's internet retail sales.
The project announced Wednesday will bring more than 500 jobs to the area. A specific dollar amount of the project wasn't immediately available, but officials said the 600,000 square foot center is a key element of a Federated decision previously announced. Some $130 million in capital will be invested over the next two years to enhance its internet business.
Federated vice chairman Tom Cole says Portland was chosen because it's central to customers and suppliers with good access to I-65