Germany-based Symrise Expands Brunswick, Georgia, Facility
The company needed to expand its production facility, located at Colonel’s Island, after the demand for its products grew exponentially over the past two years. Symrise owns roughly 188 acres with room to expand, in addition to owning plants in both Jacksonville, Florida and Goose Creek, South Carolina.
“Symrise’s expansion in Glynn County is yet another testament to the strong economic development ties the State of Georgia has developed and maintained with so many Germany-based companies that have chosen to locate here,” said Georgia Department of Economic Development (GDEcD) Deputy Commissioner Scott McMurray. “I commend our partners at the Golden Isles Development Authority for supporting Symrise, and I extend my thanks to Symrise for their continued commitment to Georgia.”
To support the expansion in Glynn County the Board approved a bond resolution providing Symrise with a 10-year property tax savings schedule. Additionally, GIDA committed to supporting Symrise by using reasonable efforts to assist the Company in obtaining any, if any, eligible State incentives, obtaining expedited permit review by Glynn County, and allocating $5,000 for marketing the Symrise Project, including the creation of a professional video to highlight the Symrise Project and the related investment.
“Helping local businesses succeed and grow is a focus area for the Golden Isles Development Authority,” added Ryan Moore, the CEO and President of GIDA. “We work closely with local companies to understand their unique needs and connect them to resources that help them reach their goals. The announcement of Symrise's expansion is an excellent example of the work we hope to accomplish through our business retention and expansion programs.”
Symrise develops, produces and sells fragrances and flavorings, cosmetic active ingredients and raw materials as well as functional ingredients and solutions that enhance the sensory properties and nutrition of various products. With a market share of 10 % (2020), Symrise is one of the world's top suppliers in the F&F market.
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