10:07 AM EST, 11/05/2025 (MT Newswires) -- Cencora ( COR ) said Wednesday it targets to invest $1 billion through 2030 to strengthen and expand its US pharmaceutical distribution network.
As part of the investment, the company said it plans to open a second national distribution center, a 530,000-square-foot facility in Harrison, Ohio, which is expected to be fully operational by spring 2027.
Cencora ( COR ) said it also plans to open a 430,000-square-foot distribution center in Fontana, California, which is expected to be fully operational by fall 2026, as well as expand its distribution center in Dothan, Alabama, which is expected to be completed by fall 2026.
Shares of the company were up 1.6% in recent Wednesday trading.
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