Lowe’s to Establish Coastal Holding Facility in Virginia, Creating 100 New Jobs

Governor Glenn Youngkin today announced that Lowe’s Companies, Inc. (NYSE: LOW), one of the largest home improvement retailers in the world, will establish a coastal holding facility in the City of Suffolk, which will create 100 new jobs. The company’s first distribution operation located in the Virginia Port Logistics Park will receive imported goods through The Port of Virginia to supply regional distribution facilities.