Gap to Spend $96M on Dutchess County Distribution Center

FISHKILL, NY—State officials announced on Monday that retailer Gap Inc. will be expanding its distribution center here and will create 1,200 new jobs in the next five years in connection with the project.

“Gap Inc.'s decision to invest in their Fishkill facility—and bring as many as 1,200 jobs there over the next five years—is another sign that New York's economy is on the move,” Gov. Andrew Cuomo said. “By partnering with the private sector, our administration is attracting renewed interest from companies that are looking to expand, and as a result New York is among the top states in the nation for job growth since the recession. Today's announcement is proof that this approach is delivering results for New Yorkers, and I look forward to seeing it drive the regional economy for years to come.”

Senior Vice President of Global Logistics for Gap Inc. Shawn Curran says of the company's decision to expand in Dutchess County, “We are proud of our 14-year history as an employer in Fishkill, New York. As Gap Inc. continues to grow we are expanding our Northeast distribution capacity through infrastructure investment. With $96 million in capital investment and the addition of 1,200 new jobs by June of 2019, Fishkill will continue to be a priority for us. Our Fishkill Distribution Center Campus serves a vital role for us in providing great service to our customers throughout the Northeast and we are thrilled with the growth opportunity for the community.”

Gap built its 2.3-million-square-foot, $162-million distribution center in Fishkill more than a decade ago. Its $96-million investment will involve in the renovation and expansion of the center, including the purchase of new machinery and equipment, related to a new operation moving into the facility and to support the growth of the company.

Empire State Development is providing the company up to $12 million in performance-based Excelsior Jobs Tax Credits, which are tied directly to job creation and investment commitments. In addition, the Dutchess County Industrial Development Agency is extending its existing Payment in Lieu of Tax agreement, which will also be performance-based under the new agreement, and Gap Inc. will be eligible for a sales tax exemption as well as employee training assistance.

Dutchess County Executive Marcus J. Molinaro says, “Job creation and growing the economy is our top priority. Gap Inc.'s significant investment in Dutchess County strengthens and secures this distribution industry cluster in the Hudson Valley, while creating hundreds of jobs in Dutchess County. Despite uncertainty in the economy, unemployment in Dutchess County remains lower than in the state and the nation. This expansion provides an important economic boost for the community and job opportunities for our residents.”