Rhode Island OKs tax deal for Ocean State Job Lot expansion

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PROVIDENCE, R.I. (AP) — Ocean State Job Lot is getting help from Rhode Island to expand its main distribution center.

The Providence Journal reports that the state’s Commerce Corporation on Monday night approved $7.8 million in tax incentives for the discount chain.

The planned $49.1 million expansion is scheduled to break ground in August at the Quonset Business Park in North Kingstown.

Job Lot executives earlier this year had threatened to pull back on the expansion because the state plans to install new highway truck tolls. Based in North Kingstown, the company operates 122 stores from Maine to New Jersey.

The Commerce Corporation also approved on Monday $5.3 million in economic incentives to help D’Ambra Construction build a new 120-room Hyatt Place hotel near T.F. Green Airport in Warwick.

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