Casey’s General Stores, Governor of Missouri Mike Parson and Mayor of Joplin Ryan Stanley Mark Grand Opening of New Distribution Center in Joplin

Rhea-AI Summary

Casey’s General Stores (NASDAQ: CASY) has inaugurated a new $62 million distribution center in Joplin, Missouri, creating 125 jobs in the region. This facility is their third distribution center and aims to support 400 to 600 stores, complementing Casey's operations of over 2,200 convenience stores across the Midwest and South. The site is integral to Casey’s strategy for rapid store growth over the next two years, enhancing logistical capabilities and community support.

Positive

• Inauguration of a $62 million distribution center in Joplin, MO.
• Creation of 125 new jobs in the region.
• Third distribution center enhancing logistics for 400 to 600 stores.
• Part of a strategy for accelerated growth over the next two years.

Negative

• None.

Today, Casey’s General Stores, Inc. (Nasdaq symbol CASY), Governor of Missouri Mike Parson, Mayor of Joplin Ryan Stanley, and the Joplin Chamber of Commerce celebrated the grand opening of Casey’s new, $62 million distribution center in Joplin. The new, state-of-the-art warehouse, logistics and distribution facility adds 125 jobs to the region.

“Casey’s has had a long-standing presence in Missouri and provided opportunities to thousands of Missourians across the state,” Governor Mike Parson said. “We appreciate Casey’s continued commitment and look forward to its future growth and success.”

The new facility is the company’s third distribution center and will serve 400 to 600 of the company’s stores. Casey’s operates over 2,200 convenience stores throughout the Midwest and South with approximately 500 stores across Missouri, Oklahoma, Kansas and Arkansas.

“Every day at Casey’s, we are providing guests freshly prepared foods and the products they need and want. Our Joplin distribution team will play a key role in delivering on this promise,” said Darren Rebelez, President and Chief Executive Officer at Casey’s. “We appreciate the support from the state of Missouri and city of Joplin as we worked to make this project a reality. Casey’s Joplin Distribution Center is key to our plan for accelerated store growth over the next two years.”

“We welcome Casey’s distribution center to Joplin,” said Mayor Ryan Stanley. “We are excited and pleased with their decision to expand their operations here in southwest Missouri. Casey’s is a well-known brand and respected by their customers throughout the Midwest. Their center is a great fit for our industrial park, and we appreciate all of our partners for their work to bring this project to Joplin. It is a boost for our local economy by providing quality jobs and opportunities for our community.”

The City of Joplin, Joplin Area Chamber of Commerce, Missouri Department of Economic Development, Liberty Utilities, Missouri American Water, Missouri Partnership, MOKAN Regional Partnership and Spire all worked to bring Casey's newest facility to Missouri.

“Here in Missouri, we couldn’t do what we do without the support of our partner organizations across the state,” Missouri Partnership CEO Subash Alias said. “I always say that economic development and business attraction is a team sport, and that rings especially true with this project. I would like to thank all of our partners for their hard work in attracting Casey's General Stores to Missouri.”

The new distribution center is located at 2902 South Jaguar Road, Joplin, Mo. Casey’s has two other distribution centers located in Ankeny, Ia., and Terra Haute, Ind.

About Casey’s General Stores

Casey's General Stores is a Fortune 500 company (NASDAQ: CASY) operating over 2,200 convenience stores in 16 states. Founded more than 50 years ago, the company has grown to become the fourth-largest convenience store retailer and the fifth-largest pizza chain in the United States. Casey’s provides freshly prepared foods, quality fuel and friendly service at every location. Guests can enjoy pizza, donuts, other assorted bakery items, and a wide selection of beverages and snacks. Learn more and order online at www.caseys.com, or in the mobile app.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210415005202/en/

FAQ

What is the significance of Casey's new distribution center in Joplin, Missouri?

The new distribution center represents a $62 million investment and creates 125 jobs, supporting the company’s logistics for 400 to 600 stores.

How many distribution centers does Casey's General Stores currently operate?

Casey's now operates three distribution centers, with the new one in Joplin, Missouri, joining existing centers in Ankeny, Iowa, and Terra Haute, Indiana.

How does the new distribution center impact Casey's store operations?

The Joplin distribution center is key to Casey's strategy for accelerated store growth, enhancing supply chain efficiency for their convenience stores in the region.

What are Casey's plans for store growth following the opening of the Joplin distribution center?

Casey's plans to use the Joplin center to facilitate accelerated store growth over the next two years.