On Monday, Shares of Dollar General Corp. (NYSE:DG), gained 1.70% to $61.04.
Dollar General Corporation, declared it has begun construction recently on its new state-of-the-art distribution center in Janesville, Wisconsin. It will be the 14th facility in the retailer’s growing distribution network.
At full capacity, the about one million square-foot Dollar General facility is predictable to employ more than 550 people to serve stores in Wisconsin and surrounding states. Assuming no noteworthy construction or other delays, Dollar General plans to start hiring in late summer 2016 with operations predictable to start in December 2016. The Wisconsin Department of Economic Development estimates a total of 1,073 jobs would be positively influenced by the new facility within five years, taking into account the construction jobs that result from the project in addition to the ripple effects the raised employment will have on the local economy. Clayco Inc. will be serving as general contractor for the project. Leo A Daly is the building design company and Élan Design Lab, Inc. is the civil design company.
“This state-of-the-art distribution center will assist support our growth throughout Wisconsin and the Midwest,” said Todd Vasos, chief executive officer of Dollar General. “I want to thank the City of Janesville, Rock County and the State of Wisconsin for their support of our project. Janesville provides a great location, a strong business environment and a great workforce to draw from to fill the 550 jobs that are anticipated to be created by this new distribution Center.”
Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. The company offers consumable products, counting paper and cleaning products comprising paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food products, such as cereals, canned soups and vegetables, condiments, spices, sugar, and flour; perishables compriseing of milk, eggs, bread, frozen meals, beer, and wine; snacks that comprise candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, such as over-the-counter medicines, in addition to soap, body wash, shampoo, dental hygiene, and foot care products; pet products, which comprise pet supplies and pet food; and tobacco products.
Shares of Exelon Corporation (NYSE:EXC), inclined 1.08% to $28.65, during its last trading session.
ComEd declared the winners of its Peak Time Savings Smart Appliance Challenge. The contest challenged customers who are enrolled in ComEd’s Peak Time Savings program to voluntarily lower their electric usage during highest demand periods and those who saved the most electricity were selected to receive a GE smart appliance.
ComEd’s Peak Time Savings is a smart-meter enabled program that rewards customers with credits to their electric bills for lowering electricity usage during peak demand periods. Customers can earn a $1 credit on their electric bills for every kilowatt-hour (kWh) of electricity they voluntarily reduce during Peak Time Savings Hours.
This summer, ComEd’s Peak Time Savings program saved about $400,000 on customers’ electric bills. “This is another program that leverages the smart meter technology so our customers can reap the value of the investments made to modernize our electrical system,” said Val Jensen, senior vice president of Customer Operations, ComEd. “Smart meters are at the heart of what we believe will become the electricity network of the future. Smart appliances are able to work with smart meters and know when electricity prices are cheaper, or reductions are being requested. This feature gives customers greater options on their energy usage and saves them money on their electric bill.”
Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States. It owns electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, in addition to wind and solar photovoltaic facilities.
Finally, Shares of Brookdale Senior Living, Inc. (NYSE:BKD), ended its last trade with 1.52% gain, and closed at $23.31.
Brookdale Senior Living, declared that administration will take part in a negotiation regarding the Company at the Goldman Sachs Emerging/SMID Cap Growth Conference on November 19 in New York, New York on Thursday, November 19, 2015, starting at 3:10 p.m. Eastern Time.
Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Ongoing Care Retirement Communities (CCRCs)Rental, Brookdale Ancillary Services, and Administration Services.