Nation's Leading Sporting Goods Retailer Will Create Over 450 New Jobs at
650,000-Square-Foot Distribution Center in Conklin
Investment Complements "Southern Tier Soaring" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy
Governor Andrew M. Cuomo today announced that DICK'S Sporting Goods, Inc., the nation's leading sports and fitness retailer, has officially opened the doors on its regional distribution facility at the Broome County Corporate Park in the Town of Conklin. DICK'S investment is creating over 450 full-time jobs over the next five years in the Southern Tier. The new DICK'S distribution center strengthens the company's roots in Binghamton, where it was founded seven decades ago, and is aligned with Southern Tier Soaring, the regionally designed comprehensive strategy to revitalize communities and grow the economy. DICK'S new regional distribution facility is its fifth nationally and will service more than 160 retail locations throughout the Northeast.
"New York is committed to unlocking the economic potential across upstate, and we are proud that DICK's Sporting Goods is growing and expanding right here at home, and bringing new jobs to the Southern Tier," Governor Cuomo said. "The opening of the DICK's distribution center is another clear sign that our strategy of tapping into regional assets to attract private investment is working and the Southern Tier continues to soar."
Founded in Binghamton in 1948 by Dick Stack, DICK'S Sporting Goods has grown to be a leading omni-channel sporting goods retailer offering an extensive assortment of authentic, high-quality sports equipment, apparel, footwear and accessories in its more than 715 stores across the country. DICK'S also owns and operates Golf Galaxy and Field & Stream specialty stores, as well as DICK'S Team Sports HQ, an all-in-one youth sports digital platform offering free league management services.
Lieutenant Governor Kathy Hochul, chair of the Regional Economic Development Councils, who attended today's event, said, "Dick's Sporting Goods is an American success story founded in Binghamton, and New York State is rightfully proud of that. Under Governor Cuomo's leadership, this Administration has a strategic vision to invest in our upstate communities and create good paying jobs for all New Yorkers. We've done it in Buffalo, and now we're going to do it in Broome County with the new Dick's distribution facility in the Southern Tier."
DICK'S Sporting Goods Chairman and CEO Edward W. Stack said, "We are so proud to have built this facility here in the Greater Binghamton area. I can only imagine how excited my father would be if he were able to see a facility like this in the place where we grew up and where he started with a small bait and tackle shop at 453 ½ Court Street seventy years ago. On behalf of the over 40,000 Associates at DICK'S Sporting Goods, we'd like to dedicate this building to him. I want to sincerely thank everyone involved in the project for all their hard work in making this building become a reality plus New York State and Broome County governments for their partnership. This is a great example of the public and private sectors partnering for the benefit of local communities."
To encourage the company's expansion in New York, Empire State Development offered up to $5.25 million through a Southern Tier Soaring Upstate Revitalization Initiative grant, and up to $6 million through the Excelsior Jobs Program in exchange for the job commitments in the region over the next five years. The total project cost was more than $84 million.
Empire State Development President, CEO & Commissioner Howard Zemsky said, "Today's grand opening of the new Dick's distribution facility will create hundreds of jobs and is a great example of the success we're having in attracting private sector investment to the Southern Tier."
Southern Tier Regional Economic Development Council Co-Chairs Tom Tranter, President of Corning Enterprises and Harvey Stenger, President of Binghamton University said, "The Southern Tier Regional Economic Development Council is so proud to support an established company like DICK'S Sporting Goods, which has committed to creating hundreds of new jobs in the region. This project is tangible proof that the Southern Tier Soaring economic development plan is working. This partnership will mean more than 450 new jobs for the region, which truly illustrates what can happen when the public and private sector work together in support of local communities. Congratulations to DICK'S and welcome home."
Senator Fred Akshar said, "It's great to see new opportunities and job creation in the Southern Tier, where it's needed so badly. Today's Grand Opening only reaffirms my commitment to creating a better business climate in New York so that these types of investments are sustainable."
Assemblywoman Donna Lupardo said, "The addition of this many jobs to our area is welcome news; we've seen great results for our economy when partners from around the region sit down together and work collaboratively and this distribution facility is the latest example. I appreciate the Governor's continued commitment to the Regional Economic Development Councils which have been yielding tangible results for our community."
Assemblyman Clifford Crouch said, "I am very happy to see the opening of the Dicks Sporting Goods distribution facility here in Broome County. It's wonderful to see a successful business that originates from the Southern Tier continue to invest in our region. This is a great investment that will produce many good paying jobs. I hope that other companies will follow suit and see all that the Southern Tier has to offer."
Broome County Executive Jason Garnar said, "Anytime you can celebrate hundreds of jobs coming to your county is a great day. Today's grand opening shows the great investments DICK's Sporting Goods is making in Broome County to spur economic development here. I want to thank DICK's for continuing to choose Broome County as its home."
For more information about Dick's Sporting Goods, click here.
Accelerating Southern Tier Soaring
Today's announcement complements "Southern Tier Soaring the region's comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $4.6 billion in the region since 2012 to lay for groundwork for the plan - attracting a talented workforce, growing business and driving innovation. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Binghamton, Johnson City and Corning as a destination in which to grow and invest. Now, the region is accelerating Southern Tier Soaring with a $500 million State investment through the Upstate Revitalization Initiative, announced by Governor Cuomo in December 2015. The State's $500 million investment will incentivize private business to invest well over $2.5 billion - and the region's plan, as submitted, projects up to 10,200 new jobs. More information is available here.