Massimo Zanetti Beverage USA Investing $29.1 Million in Virginia Facilities
Massimo Zanetti Beverage USA plans to invest $29.1 million in an expansion project involving its roasting and production facilities in Virginia, according to an announcement from Gov. Glenn Youngkin yesterday afternoon.
The project will involve the simultaneous consolidation of roasting and production operations, plus new facilities investments in Suffolk, Virginia, with 79 jobs expected to be added.
The North American operating unit of Italian coffee roasting giant Massimo Zanetti Beverage Group, MZB-USA roasts and packages coffee for its national conventional coffee brands such as Hills Bros., Chock full o’Nuts, Segafredo Zanetti, MJB and Chase & Sanborn.
MZB-USA also owns and operates the largest coffee-growing estate in the United States, the 3,100-acre Kauai Coffee Company plantation in the State of Hawaii.
“This business decision fits with our long-term strategic goals to continue to invest in Hampton Roads,” MZB-USA President John Boyle said in the governor’s announcement. “Our proximity to major transit lanes and the Port of Virginia, one of the largest coffee ports in the country, further enhances our position and allows for continued growth, while adding to the economic vitality of the area.”
The capital investment initiative, which will result in a new distribution center for MZB-USA, was supported by the City of Suffolk in part through a $450,000 grant from the Virginia Commonwealth’s Development Opportunity Fund that was approved by the governor’s office.
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Daily Coffee News Staff
Source: Daily Coffee News