Nestlé Purina PetCare Company, the leading pet care company in the United States, part of Swiss-based Nestlé S.A., will invest $450 million to establish new manufacturing complex and distribution hub in Rockingham County, North Carolina. The project will become operational in 2022 and create up to 300 new jobs by 2024.
Nestlé Purina will establish its operations on the 1,300 acre site of a former industrial brewery near Eden, North Carolina.
“Eden is Purina’s first manufacturing operation in North Carolina, and through this expansion we build on our more than 90-year history of making science-based dog and cat foods that pet owners trust,” said Nina Leigh Krueger, President, Nestlé Purina U.S.
“Despite the challenging times we have all been living in, Purina has remained resilient. This strategic and long-term investment demonstrates our commitment to providing high-quality nutrition for pets. We’re thankful for the great partnership at the state and local levels, and we are excited to be a part of this community now and for many years to come,” she said.
“Today’s announcement by Nestlé Purina marks a new beginning for this property and for the people of Eden,” said Commerce Secretary Anthony M. Copeland. “The significant investment this global company is about to make here during this historic pandemic speaks forcefully about the safety, resilience and reliability of North Carolina as an international business destination.”
The arrival of Nestlé Purina PetCare will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee earlier today. Over the 12-year term of the grant, the project is estimated to grow North Carolina’s GDP by nearly $2 billion. Using a formula that takes into account new tax revenues generated by the 300 new jobs, the JDIG agreement authorizes a potential reimbursement to the company of up to $4.31 million over 12 years. State payments occur only after verification by the departments of Commerce and Revenue that the company has met incremental job creation and investment targets.
Projects supported by JDIG must, by law, result in positive net tax revenue to the state treasury, even after taking into consideration the grant’s reimbursement payments to a recipient company. The provision ensures all North Carolina communities benefit from the JDIG program. Nestlé Purina’s Rockingham County operations are projected to generate $61.23 million in state tax revenue over the life of the grant.
“North Carolina’s manufacturing workforce is strong, and this announcement is an important new phase in Nestlé Purina’s growth,” said Governor Roy Cooper. “This company’s global reputation for quality products, innovation, sustainability, and corporate citizenship fits well with our state’s workforce, economy, and the business community.”
The North Carolina Department of Commerce worked closely with the Economic Development Partnership of North Carolina (EDPNC) in a collaborative effort to facilitate Nestlé Purina Petcare’s selection of Rockingham County. Other key partners in the project include the North Carolina General Assembly, the North Carolina Community College System, the North Carolina Department of Environmental Quality, the North Carolina Rural Infrastructure Authority, Rockingham County, the City of Eden, Rockingham County Center for Economic Development, Norfolk-Southern, the North Carolina Railroad Company and Duke Energy.