~International Coffee Company to Invest $29.1 Million to Consolidate Operations at its City of Suffolk Facilities~
RICHMOND, Virginia – Governor Glenn Youngkin today announced that Massimo Zanetti Beverage USA (MZB-USA), one of North America’s largest vertically integrated coffee companies and the North American operating unit of the global roaster and marketer Massimo Zanetti Beverage Group, based in Italy, will invest $29.1 million to consolidate and expand operations at its roasting plant in the city of Suffolk. Virginia successfully competed with New Jersey for the project, which will create 79 new jobs.
“Massimo Zanetti Beverage USA’s continued expansion into Virginia speaks volumes about the world-class business climate, infrastructure and talent found in the city of Suffolk and the region.” said Governor Youngkin. “Food and beverage processing is Virginia’s second-largest manufacturing sector and one of our fastest growing industries, thanks to investments from business partners like MZB-USA. The company has been based in Hampton Roads for 17 years, and its success here solidifies the Commonwealth as a location of choice for international business.
“The Commonwealth food and beverage industry is a powerhouse for our economy which employs over 42,000 Virginians, and we are proud that a global brand like Massimo Zanetti Beverage is continuing its upward trajectory in Suffolk City and Hampton Roads” , Commerce and Commerce Secretary Caren Merrick said. “We congratulate all partners involved in securing this expansion project which will create 79 new jobs and look forward to the next chapter of growth for the business in the Commonwealth.”
“We are delighted to expand our business and continue our partnership with our friends in the City of Suffolk and the Hampton Roads Alliance, which reaffirms our commitment to this community,” said John Boyle, President and CEO, MZB-USA. “This business decision aligns with our long-term strategic goals to continue to invest in Hampton Roads. Our proximity to major transit routes and the Port of Virginia, one of the largest coffee ports in the country, further strengthens our position and enables continued growth, while contributing to the economic vitality of the region. Hampton Roads offers a business-friendly environment, a high quality of life and a diverse talent pool. We look forward to a prosperous future and the addition of talented people to our existing family of employees here in Suffolk.
“On behalf of the City of Suffolk, I would like to thank Massimo Zanetti Beverage USA for choosing Suffolk as the location for this expansion project,” said Michael Duman, Mayor of the City of Suffolk. “Our town’s thriving food and beverage processing industry is highlighted by MZB-USA’s continued support and job creation in the Suffolk community. It is so rewarding and fulfilling to see MZB-USA continue to invest and grow in our community. MZB believes in Suffolk, and we believe in MZB; thank you for confirming that we are the caffeine capital of Virginia.
“Hampton Roads is fortunate that Massimo Zanetti Beverage USA continues to invest in Suffolk, also known as the caffeine capital of Virginia,” said Douglas L. Smith, President and CEO, Hampton Roads Alliance. “The company’s head office, roasting operations and a newly constructed distribution center are all located in Suffolk, and it serves as the cornerstone of the region’s growing food and beverage hub. We would like to congratulate and thank our partners at Massimo Zanetti, the City of Suffolk and the Virginia Economic Development Partnership for continuing to caffeine the Hampton Roads economy.
“It’s always good news when a company chooses to reinvest here and does so, in part, because of the benefits it gets from moving its cargo through the Port of Virginia,” said Stephen A. Edwards, CEO and Executive Director of Virginia Port Authority. “Massimo Zanetti Beverage’s decision to expand into Suffolk highlights the business-friendly environment in Virginia and the sideline jobs created by the port market. Our goal is to help Massimo Zanetti capitalize on our performance and grow his business. We look forward to serving as an international business gateway for years to come. »
Massimo Zanetti Beverage USA is one of the nation’s largest coffee roasters, with nationally recognized retail brands including Hills Bros.®, Chock full o’Nuts®, Segafredo Zanetti®, Kauai Coffee®, MJB® and Chase & Sanborn®. At its state-of-the-art manufacturing facility in Suffolk, Va., the company produces private and private label coffee, tea and beverage blends for customers across all retail and foodservice channels in North America and in the world. In addition, Massimo Zanetti Beverage USA franchises Chock full o’Nuts® coffees and Segafredo Zanetti Espresso® coffees. Massimo Zanetti Beverage USA is part of the Massimo Zanetti Beverage Group, made up of nearly 50 companies operating in more than 100 countries.
The Virginia Economic Development Partnership worked with the City of Suffolk, the Hampton Roads Alliance and the Port of Virginia to secure the project for Virginia. Governor Youngkin approved a $450,000 grant from the Commonwealth’s Opportunity Fund to help the town of Suffolk with the project. The company is eligible to receive benefits from the Port of Virginia Economic and Infrastructure Development Area Grant Program.
Support for Massimo Zanetti Beverage’s job creation will be provided through the Virginia Talent Accelerator Program, a workforce initiative created by VEDP in conjunction with the Virginia Community College System and other college partners. higher education, with financial support from the Governor’s Administration and the Virginia General Assembly. Launched in 2019, the program accelerates the start-up of new facilities through the direct delivery of recruitment and training services fully tailored to a company’s unique products, processes, equipment, standards and culture. All program services are provided free of charge to qualified new and expanding businesses as an incentive for job creation.
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