Global Concentrate Expands Franklin, Virginia, Operations
The company will invest a minimum of $121 million to establish its largest processing operation in the United States. It is anticipated that the company will close on the property in November, and that construction of 2-million square feet of new building space will begin in 2022.
“Global Concentrate has been looking to find the best spot in order to expand its American operations,” said Ali Erten, Manager of Global Concentrate’s New Jersey operations. “We believe Franklin and the Pretlow Industrial Park is the perfect place for Global Concentrate to expand its operations in the United States and continue to grow its worldwide business,” Erten added.
The proximity to the Port of Virginia, a strong highway network, a strong site in Franklin, and strong support from Franklin Southampton Economic Development, Inc., were key factors Global Concentrate considered in their location decision, company officials noted.
“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,” said Stephen A. Edwards, CEO and executive director of the Virginia Port Authority. “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,” Edwards said.
Global Concentrate was founded in 2013 and it is a U.S. based supplier for traditional and organic fruit and vegetable juice concentrates, purees, puree concentrates, NFC Juices, and IQF. Headquartered in Glen Rock, New Jersey, the company services U.S. and Canadian clients through a worldwide supply chain, countrywide storage and localized delivery services.
“The Hampton Roads Alliance was honored to work with Franklin-Southampton Economic Development Inc. to help bring Global Concentrate to Franklin,” noted Doug Smith, President and CEO of the Hampton Roads Alliance. “Hampton Roads has a strong cluster of food & beverage processing companies and we are thrilled to add Global Concentrate to their ranks. 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.”
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