Manna Capital Partners Plans Montgomery, Alabama, Beverage Production-Distribution Complex
The “beverage park” will be owned and operated by its affiliate Manna Beverages & Ventures and will include a 1.7 million-square-foot production facility capable of producing both alcoholic and non-alcoholic products, along with distribution operations, according to company officials. Operations are planned for early 2025.
“We are excited and proud to build our first facility in Montgomery with our newly formed affiliate, Manna Beverages & Ventures,” said Bridgeman, who serves as Manna Capital Partners’ managing partner. “Our goal is to be the leading total beverage supply chain company in North America while operating with the highest quality, sustainable capabilities needed to produce beverages for world-class brand owners. MB&V fills the gap for major brands who want to be asset light, nimble and make a difference in their communities by hiring minority and women-owned businesses.”
The facility, located at the Hope Hull exit off Interstate 65, will include a research and development center with a bottling line that will provide entrepreneurs, with a focus on women-owned and minority businesses, a place to test new products.
“The U.S. beverage packaging market is expanding rapidly, and we’re happy that Manna has selected Alabama as it moves to capitalize on this trend with its large-scale manufacturing and distribution operation in Montgomery,” noted Greg Canfield, secretary of the Alabama Department of Commerce. “This project has solid growth potential and will have a tremendous financial impact on the region.”
Louisville, Kentucky-based Manna Capital Partners concentrates on investment and acquisition possibilities across multiple industries, with an emphasis on sustainability and creating opportunities for minority and women-owned businesses. The company created MB&V to be a full-service supply chain partner for national and regional brand portfolios, with an intense focus on startups. It will offer beverage companies a comprehensive beverage packaging platform, combined with warehousing facilities.
“Partnership and teamwork are key to this kind of economic growth, and we are grateful for the impact this kind of investment will have on the entire region,” added Cedric Campbell, chair of the Montgomery Chamber of Commerce.
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