Italy-Based Farmina Pet Food Locates North American Headquarters in Reidsville, North Carolina
12/09/2020
The company’s plans to invest $28.5 million and create 129 jobs over five years in Rockingham County. The facility will include manufacturing, R&D and warehousing operations.
“As a family-owned and operated business, we believe that Reidsville is the perfect fit for our values of quality and continuous innovation, from the workforce to the production technologies. Utilizing ingredients from Europe, Farmina’s North Carolina kitchen will make-to-order our Natural & Delicious and Vetlife dry nutritional solutions for cats and dogs,” said Farmina Holding CEO and Owner Angelo Russo.
“A state-of-the-art microbiological and chemical lab will be equipped to carry out the company’s strict quality control procedures, establishing a new benchmark for creating pet nutrition solutions in the U.S. We plan to further invest in the Southeast to develop a network of family-owned regional farms that meet our farm-to-table ingredient quality standards,” he added.
Farmina’s new presence in North Carolina 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 the state’s economy by more than $857 million. Using a formula that takes into account the new tax revenues generated by the 129 new jobs, the JDIG agreement authorizes the potential reimbursement to the company of up to $1.833 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 result in positive net tax revenue to the state treasury, even after taking into consideration the grant’s reimbursement payments to the recipient company. The provision ensures all North Carolina communities benefit from the JDIG program.
“Farmina’s selection of North Carolina for this significant investment provides ample evidence that our infrastructure, workforce, cost structure and global market access enable leading companies to meet their strategic business objectives,” said Commerce Secretary Anthony M. Copeland. “We welcome Farmina as the newest member of our manufacturing community and appreciate the outstanding work of our partners and allies who helped make today’s announcement possible.”
Joining the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina in the facilitating Farmina’s arrival in North Carolina are key partners that include the North Carolina Community College System, Rockingham County, the City of Reidsville, the Rockingham County Center for Economic Development, Small Business & Tourism, and Duke Energy.
Farmina Pet Food USA is part of family owned and operated Farmina Pet Foods Holding, whose small-animal nutrition business began in Italy in 1965. The global company utilizes natural ingredients in manufacturing both wet and dry dog and cat food products containing natural antioxidants and no GMOs.
Project Announcements
Dollar Tree Plans Marietta, Oklahoma, Distribution Operations
04/30/2025
Hitachi Energy Expands Bland, Virginia, Production Operations
04/28/2025
Amgen Expands New Albany, Ohio, Manufacturing Operations
04/28/2025
United Kingdom-Based Balmoral Tanks Plans Mentor, Ohio, Operations
04/28/2025
E & E Hardwoods Expands Bell County, Kentucky, Saw Mill Operations
04/27/2025
Aegis Sortation Expands Louisville, Kentucky, Operations
04/26/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
The Location Economics of Advanced Nuclear
Q1 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Forging Solid Foundations
Q1 2025