Tractor Supply Co., the nation’s largest retail farm and ranch store chain, plans to open a store in New Albany next spring.
The store, to be built on land just east of the former La Bamba Restaurant on Park Plaza Boulevard, will be developed by BT New Albany Associates, a part of Thomason and Associates of Nashville.
Brad Thomason said his company expects to break ground by November for a planned spring opening. Thomason said the company is one of several that develops property for Tractor Supply.
The land was purchased from local real estate developer John Young. The city of New Albany approved a zoning change to permit commercial construction on what is currently farm land.
Tractor Supply, with national headquarters in the Nashville suburb of Brentwood, has more than 1,130 stores in 45 states. With annual revenue of about $4 billion, it is a publicly held stock company traded on the NASDAQ National Market. Tractor Supply has more than 16,000 employees.
The typical Tractor Supply store has between 15,000 and 24,000 square feet of indoor space and a similar amount of outdoor space used to display fencing, livestock equipment and horse stalls.
The company’s products include clothing, equine and pet supplies, tractor/trailer parts and accessories, lawn and garden supplies, sprinkler/irrigation parts, power tools, fencing, welding and pump supplies and riding mowers.
Despite its name, the company does not sell tractors.
According to the company’s web site, it was founded in 1938 when Charles E. Schmidt Sr. of Chicago established a mail order tractor parts business. By 1939, it had grown into a retail store in Minot, N.D.