Kroger to Make ‘Massive’ Announcement
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Kroger Co. (NYSE: KR) says it will announce a “massive job-creating investment” in the Indianapolis region. A news conference that will include Indiana Secretary of Commerce Victor Smith is scheduled for Wednesday morning.
April 28, 2015
News Release
INDIANAPOLIS, Ind. – At a 10:00 AM news conference tomorrow, April 29th, at Kroger’s store J958 at 5350 East Thompson Road in Indianapolis, Kroger Central Division President Jeff Burt, Indianapolis Mayor Greg Ballard, Indiana Secretary of Commerce Victor Smith and Indy Chamber President Michael Huber will announce details of Kroger’s massive, strategic capital investment plan for central Indiana.
Kroger’s multi-year investment in this region, which quietly started in 2014 and continues through at least 2017, will create thousands of additional jobs within the company, plus additional jobs for the construction industry and Kroger’s vendor partners.
The Indianapolis investment follows successful completion of highly-successful, market-wide investment strategies in Fort Wayne and Bloomington between 2008 and 2014.
The Kroger Co. has been serving local communities for 132 years. The Kroger Central Division has 136 food stores, 114 pharmacies and 89 fuel centers operating under four banners; Kroger, Scott’s, Owen’s and Pay Less, with locations primarily in Indiana and Illinois, in addition to three stores in Missouri, one in Michigan and one in Ohio. Kroger Central Division is dedicated to supporting every local community it serves, contributing more than $13.5 million in 2014 to local organizations, primarily focusing on hunger relief, K-12 education, health, sustainability and diversity. The Kroger Co. was once again named the most generous company in America in a Chronicle of Philanthropy listing detailed in Forbes Magazine. Kroger also was chosen as a Top Place to Work in 2015 by Star Media. At Kroger we value: honesty, respect, inclusion, diversity, safety and integrity.
Source: The Kroger Co.