RICHMOND, Va. - Nutritional products retailer The Vitamin Shoppe Inc. is planning to open a distribution center in Hanover County, creating nearly 175 jobs.

Gov. Bob McDonnell said Friday that the New Jersey-based company will lease a yet-to-be-constructed building in Ashland for the operation. The project is estimated to be a commitment of $39.4 million.

Officials say with the establishment of the distribution center, The Vitamin Shoppe will immediately become one of Ashland's largest employers.

The company sells nutritional products through more than 550 company-owned retail stores, mail order and online.

McDonnell approved a $200,000 grant from the Governor's Opportunity Fund for the project.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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