Giant Tiger and Township of Edwardsburgh Cardinal Announce Land Acquisition

OTTAWA, ONTARIO--(Marketwired - Sept. 30, 2015) - Giant Tiger Stores Limited, Canada's leading discount retailer, and the Township of Edwardsburgh Cardinal today announced the signing of a conditional agreement for the acquisition of land at the Johnstown Industrial Park. The intended use of the land is to build Giant Tiger's new consolidated dry goods distribution centre in support of the company's continued expansion strategy throughout Canada.

"Distribution and warehousing are core functions of the Giant Tiger business model," said Thomas Haig, President and CEO, Giant Tiger Stores Limited. "The Johnstown Industrial Park was chosen due to its proximity to our store base, access to 400 series highways and its ability to support future growth opportunities due to the size of the property - all key features as we look to continue our growth momentum. It was also attractive in terms of proximity for our existing workforce and the pleasant lifestyle available to those wishing to relocate to the area. We are optimistic about the opportunities that this acquisition will facilitate and look forward to being a part of the Johnstown community," added Haig.

"We are honoured that Giant Tiger has chosen Johnstown Industrial Park to build its new distribution centre and look forward to being a part of the legendary Canadian retailer's evolution," said Township Mayor Patrick Sayeau. "The Johnstown Industrial Park is one of Ontario's first Certified Site Program industrial parks. The Program encourages efficient site selection and helps projects get underway faster."

Giant Tiger's current Ottawa based distribution centres employ approximately 300 full and part-time positions. With the expansion, the new location will require additional employees which will be added over time.

Giant Tiger Stores Limited operates three dry goods facilities in Ottawa as well as temperature-controlled facilities in Brockville and Brantford. There will be no changes to the temperature-controlled facilities, as they were recently expanded.

About Giant Tiger

In 1961, Giant Tiger Stores Limited opened its first store in Ottawa. The business was started with a very simple idea - keep the cost of operation low and sell a large volume of merchandise at everyday low prices. It is the adherence to this idea that has allowed Giant Tiger to grow to over 200 stores across Canada. Giant Tiger carries a wide selection of national brand Grocery items, fashion for the whole family, home and seasonal goods.

For more information on Giant Tiger, please visit www.gianttiger.com.

About the Johnstown Industrial Park

Johnstown Industrial Park is a 270 acre fully serviced, divisible greenfield with 2 access points. The property offers multi-modal transportation access, within a few minutes' drive of Highways 401 and 416, St Lawrence River Seaway deep water port, border crossing to the US and rail spur potential.

For more information on Johnstown Industrial Park, please visit http://www.twpec.ca/economic-development/edwardsburghcardinal-industrial-park/