Mooresville, N.C. – A new Lowe’s is currently under way at the northeast quadrant of Concord Mills Boulevard and Derita Road.  The new Lowe’s store is expected to open in the fourth quarter of 2008. The do-it-yourself retailer is known for helping homeowners find the right equipment and supplies to build, improve, beautify and enjoy their homes. 

Lowe’s is proud to offer more than 40,000 products under one roof.  The home improvement store will have 117,000 square feet of retail sales space.  An additional 31,700 square foot garden center will offer an impressive selection of flowers, bushes, trees and garden supplies tailored to the North Carolina climate and lifestyle. 

A store of this size represents an average investment in the community of approximately $18.5 million and creates up to 175 new jobs.

Lowe’s reaches out to the community through relationships with Habitat for Humanity, the American Red Cross, United Way and the Home Safety Council.  In addition, in 2007, Lowe’s and the Lowe’s Charitable and Educational Foundation together contributed more than $27.5 million to support community and education projects in the United States and Canada.  To date, Lowe’s Charitable and Educational Foundation has donated more than $13.6 million in the state of North Carolina.

With fiscal year 2007 sales of $48.3 billion, Lowe’s Companies, Inc. is a FORTUNE® 50 company that serves approximately 14 million customers a week at more than 1,575 home improvement stores in the United States and Canada. Founded in 1946 and based in Mooresville, N.C., Lowe’s is the second-largest home improvement retailer in the world. For more information, visit Lowes.com.