Leading coffee company to invest $350 million
in community
Keurig Green Mountain, Inc. (Keurig), a leader in specialty
coffee and innovative single-serve brewing systems, today announced
plans to construct a new, state-of-the-art roasting and packaging
facility in Spartanburg County, South Carolina. The company is
projected to bring $350 million of capital investment and create
500 new jobs.
With a history dating back to 1981, Keurig’s products are
utilized in 25 million homes throughout North America. More than 50
leading global coffee, tea and cocoa brands have partnered with
Keurig, offering customers approximately 500 varieties.
Located in the Tyger River Industrial Park in Moore, S.C., the
company’s new production facility will primarily house coffee
roasting and packaging for Keurig’s single-serve K-Cup® pods, along
with potential to support beverage distribution and warehousing in
the future.
The Coordinating Council for Economic Development has approved
job development credits related to this project.
Commenting on the new facility, Keurig Green Mountain
Chief Supply Chain Officer Richard Jones said, “The Keurig
Green Mountain business continues to grow. As we plan for the
future, we’re pleased to locate our newest facility in Spartanburg
County to support our growth. We view the region’s talented
employee base and attractive business environment as the right
place to invest.”
Governor Henry McMaster added, “We couldn’t be more excited that
Keurig Green Mountain has chosen to call Spartanburg County home.
The 500 new jobs this investment means for our people will make a
big difference in the lives of South Carolinians, and I
congratulate this great company on all they’ve achieved.”
“South Carolina’s favorable business environment, skilled
workforce and unparalleled infrastructure offer a recipe for
success. I’m excited to welcome Keurig to Team South Carolina, and
we look forward to seeing the difference these 500 new jobs will
make in the community,” stated Secretary of Commerce Bobby
Hitt.
S.C. Commissioner of Agriculture Hugh Weathers added, “We
welcome Keurig Green Mountain to Spartanburg County and to the
booming agribusiness community in South Carolina. Your $350 million
investment in the Upstate and our commitment to growing South
Carolina’s $42 billion agribusiness industry are the perfect blend
for a successful partnership.”
“We are very excited that Keurig Green Mountain, Inc. has chosen
Spartanburg County as the location to establish a start-of-the-art
operations facility. The Economic Futures Group, along with key
allies at our local utilities, county planning and development, our
property development partners at Pacolet Milliken and the S.C.
Department of Commerce, enjoyed working with the Keurig team on
this great opportunity,” said David Britt, chairman of Economic
Development Committee of Spartanburg County Council and board
member of the Spartanburg Economic Futures Group.
Spartanburg Economic Futures Group Board Chairman Ethan
Burroughs concluded, “We enthusiastically welcome Keurig Green
Mountain, Inc. to Spartanburg County where we work diligently to
help and support new industry. We are confident that Keurig, as an
industry leader and a globally respected brand, will thrive and
find ample opportunity in our international-friendly Upstate
community.”
FIVE FAST FACTS
- Keurig Green Mountain, Inc. is
locating new operations in Spartanburg County.
- $350 million investment to create
500 jobs.
- Keurig is a specialty coffee and
coffee maker company whose products are used in 25 million
homes throughout North America.
- Keurig was established in
1981.
- The company’s new roasting and
packaging facility will be located in the Tyger River Industrial
Park in Moore, S.C.
About Keurig Green Mountain, Inc.
Keurig Green Mountain, Inc. (Keurig) is a leader in specialty
coffee and innovative single serve brewing systems. Committed to
delivering exceptional coffee for more than 35 years, today our
Keurig® coffee makers and single serve hot beverages are in 25
million homes throughout North America. In under a minute, Keurig®
brewers consistently and conveniently deliver a fresh-brewed, great
tasting cup with just the push of a button. As a testament to that
quality, more than 50 leading global coffee, tea and cocoa brands
have partnered with Keurig, joining beloved owned brands like Green
Mountain Coffee® and The Original Donut Shop® coffee to offer
consumers vast personal choice from 500+ varieties. As a company
founded on social responsibility, Keurig is committed to using the
power of business to brew a better world through our work to build
resilient supply chains, sustainable products, and thriving
communities. For more information, visit
www.keuriggreenmountain.com, and to purchase Keurig products visit
www.keurig.com or www.keurig.ca.
About S.C. Department of Commerce
As South Carolina's leading economic development agency, the
Department of Commerce works to recruit new businesses and help
existing business grow. S.C. Commerce has recruited world-class
companies to South Carolina such as BMW, Boeing, Continental, Giti
Tire, LPL Financial Holdings, Mercedes-Benz Vans, Samsung, Toray
and Volvo Cars and also supports startups, small and existing
business, innovation and rural development initiatives. S.C.
Commerce partners with the S.C. Technical College System via
readySC to support workforce training and recruiting, and with
the S.C. Department of Employment and Workforce, which provides
worker training and employment opportunities within the state. With
a strong international footprint, since 2011, the Palmetto State
has ranked among top three in the nation for attracting jobs
through foreign investment on a per capita basis, according to
IBM-Plant Location International. Additionally, in five of seven
years, the state has won the Gold Shovel Award from Area
Development magazine; and, in 2017, the state was recognized as
Business Facilities' State of the Year. For more information, visit
www.SCcommerce.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180518005389/en/
MEDIA CONTACTS:Keurig Green Mountain, Inc.Katie Gilroy,
781-418-3345Senior Manager of Corporate
CommunicationsKatie.gilroy@keurig.comorSouth Carolina Department of
CommerceAdrienne R. Fairwell, APR, 803-737-1998Director of
Marketing &
Communicationsafairwell@sccommerce.comwww.SCcommerce.comorINVESTOR
CONTACT:Keurig Green Mountain, Inc.Maria Sceppaguercio,
781-418-8136Senior Vice President, Investor
Relationsmaria.sceppaguercio@keurig.com