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WALKER, Mich. -- Meijer Inc. here unveiled plans to invest $123 million in its Michigan operations this year, signaling the privately held retailer's intentions of remaining committed to its home state.
Meijer's impressive 2007 capital expenditures purse will include three new stores in DeWitt, Allen Park, and Lenox Township, the latter two of which are slated to open in May and August respectively; as well as an $18 million expansion of its regional distribution center in Lansing.
"Meijer has been and continues to be committed to serving the residents of Michigan," said Mark Murray, Meijer's president. "We've recently seen news of a few companies reducing their presence in the state. We want everyone to know that Meijer will continue to invest here, confident of a solid future."
In addition to distribution center expansion and the three new stores on tap for this year, Meijer will also complete major remodels in five locations. The collective projects will provide over 1,000 construction jobs while retaining some 1,700 retail and distribution jobs with an additional 900 new jobs created, the chain said.
With 89 Michigan stores, Murray said Meijer has invested $463 million in Michigan since 2005, including $246 million in Southeast Michigan, home to 43 of the retailer's locations.
In addition to its store-focused capital expenditure investments, Meijer has been a leader in the environmental domain, opening 20 E85 ethanol fueling stations across Michigan. The company also launched a free antibiotic program, providing more than 200,000 prescriptions for Michigan families in the first six months.
Meijer, which began operations in Michigan in 1934, operates 176 stores in five Midwestern states.