BD (Becton, Dickinson and Co.), a medical technology company based in New Jersey, announced plans to invest $38 million in a new distribution center in Four Oaks, N.C.

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Plans call for a 720,000-sq-ft facility to be constructed on 130 acres in the Four Oaks Business Park, with capacity for expansion to more than 1.1 million sq ft.

BD expects construction to complete by mid-2011, and the facility to begin receiving product in late 2011. The project is pursuing LEED certification.