How Much is Global Concentrate Investing in RTW Virginia?

Global Concentrate is investing over $121 million in order to add a new location in Right to Work Franklin, Virginia. But this won’t be just any new location. In fact, the company is making this its biggest processing facility ever in the United States! The new location will also mean a total of 50 new jobs for the area. So this will be a great addition to the economy!

From Area Development Magazine:

“Global Concentrate has been looking to find the best spot in order to expand its American operations.” […]

“When a global company like Global Concentrate makes a strategic and significant investment to build its largest processing operation in Franklin, it shows long-term confidence in Virginia’s business environment. […] This company is expanding, in part, because of the efficiency of this port and the access we provide to global markets. We congratulate Global Concentrate on its expansion and look forward to helping the company leverage The Port of Virginia’s assets to drive growth and success for decades to come.” […]

“The Hampton Roads Alliance was honored to work with Franklin-Southampton Economic Development Inc. to help bring Global Concentrate to Franklin. […] Hampton Roads has a strong cluster of food & beverage processing companies[…]. The region’s many amenities, such as the Port of Virginia and our sophisticated transportation system, will ensure their continued success for many years to come.”

AREA DEVELOPMENT MAGAZINE

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