Dell Selects Nashville for High-Tech Expansion
Business Wire - April 01, 1999 11:18
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ROUND ROCK, Texas--(BUSINESS WIRE)--April 1, 1999--Dell Computer Corporation (Nasdaq:DELL), the world's leading direct computer systems company, today announced U.S. expansion projects to support the growth of its North American business, including construction of additional facilities in Central Texas and expansion of some operations to a new location in the Nashville, Tenn., area.
Projects announced today include an office building and a manufacturing facility in Central Texas, and new operations in the Nashville area by the end of this year. Dell selected the Nashville area as an additional U.S. site and is pursuing negotiations with state and local leaders. Other locations Dell has studied are in the southwestern, southeastern and western United States.
The new projects continue Dell's global expansion, including the announcement or completion of five manufacturing facilities worldwide over the last 16 months. Among the new facilities are two in Ireland and one each in China, Brazil and the United States.
The Tennessee location will complement Dell's operations in Central Texas which currently include two campuses, totaling 940 acres; 3.5 million square feet of space and three manufacturing sites. As Central Texas' largest private employer, Dell's direct and indirect economic impact is estimated by economists to be more than $5 billion and 50,000 jobs. Last year, Dell hired 4,000 new employees in Central Texas and economists estimate that more than 60 percent of all new jobs created in the area were attributable to the company.
While Dell considers several Nashville-area locations, it is also discussing its infrastructure requirements with Tennessee officials. These include completion of telecommunications and transportation projects within specific timeframes.
"We want to work with state and local leaders to address our priorities in a way that is beneficial to Dell, to the state, and to the community," said Dell Vice-Chairman Kevin Rollins. "Clearly, there are many advantages that a Tennessee expansion could bring Dell. But equally important are the advantages that a Dell expansion would bring to Tennessee. The thousands of technology jobs created by Dell and our suppliers would launch and stimulate a new sector of the Tennessee economy. We would hope that Dell's investments could have the same positive effect for Nashville that they've had for Central Texas."
Dell's growth has been a catalyst in other economies as well. In Ireland, where Dell opened its first facilities nine years ago to support the European market, it is now the country's largest private employer. Within the last 16 months, Dell has announced or completed two new manufacturing facilities in Ireland to support customer demand for Dell products throughout its European markets.
Dell is still growing at its corporate headquarters in Central Texas. New Central Texas expansion projects planned for this year include a 300,000 square-foot manufacturing facility and a 325,000 square-foot office building on a site in northeast Austin. These facilities are in addition to three Dell office buildings currently under construction in Round Rock and will bring to five the number of buildings underway or completed by Dell in Central Texas in 1999. Collectively, these projects will support up to 5,000 additional jobs.
Ranked No. 125 among the Fortune 500 companies and No. 363 in the Fortune Global 500, Dell Computer Corporation is the world's leading direct computer systems company, based on revenues of $18.2 billion for the past four quarters. Dell designs, manufactures and customizes products and services to customer requirements and offers an extensive selection of software and peripherals. Information on Dell and its products can be obtained through its toll-free number 800/388-8542 or by accessing the Dell World Wide Web site at www.dell.com.
Fortune 500 is a registered trademark of Time Inc.
Dell disclaims any proprietary interest in the marks and names of others.
Note to Editor: Dell Fact Sheet follows.
Facts About Dell in Central Texas
Corporate Growth
-- $18.2 billion in revenue for past four quarters.
-- The company has out-performed the computer industry by growing at
three to four times the industry's rate over the past six years.
-- Dell recently earned the No. 4 position on the Top Ten list of
America's Most Admired Companies in the Fortune magazine annual
survey, which appeared in the March 1, 1999, issue.
-- Dell is currently ranked No. 125 on Fortune magazine's corporate
rankings.
-- Dell is No. 363 on Fortune magazine's Global 500 rankings
-- Dell is now ranked second in the U.S. and third worldwide among
PC manufacturers (IDC).
Local Employment
-- Local employment is 17,500 (including contractors), more than 60
percent of Dell's worldwide employment.
-- Dell is the region's largest private employer.
-- Dell is directly and indirectly responsible for more than $5
billion in economic output and more than 50,000 jobs.
Facilities
Owned - 1.6 million square feet of office and manufacturing space
-- 350-acre campus with 1.3 million square feet of office space in
Round Rock;
- These facilities house sales, marketing, technical support
functions, executive offices and corporate functions
including finance, corporate communications and legal.
-- 570-acre manufacturing campus in northeast Austin; home to Dell's
third U.S. manufacturing facility with more than 300,000 square
feet of space;
- When fully staffed, the new facility will employ 1,200 people
and add 800 new jobs to the company's local employment.
Leased - 1.9 million square feet (Austin/Round Rock)
-- Facilities house manufacturing, research and development,
procurement, Dell University, information systems and the Dell
Factory Outlet.
Current Expansion Projects
Round Rock Campus Expansion
-- Dell began construction in the spring on three new office
buildings in Round Rock.
- Two office buildings are under construction on the eastern
portion of our campus. Each building will be 240,000 square
feet and accommodate some of the sales functions.
- The building on the north quadrant of the Round Rock campus
will house a portion of the research and development team and
will be 360,000 square feet.
CONTACT: Dell Computer Corporation, Round Rock
Media Contacts:
Cathie Hargett, 512/728-4100 (media only)
cathy_hargett@dell.com
or
Peter Scacco, 512/728-4100 (media only)
peter_scacco@dell.com
or
Investor Contacts:
Don Collis, 512/728-8671
don_collis@dell.com
or
Robert Williams, 512/728-7570
robert_williams@dell.com
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