Krispy Kreme Expands Winston-Salem, North Carolina, Operations
The company will add a new production line which will support its Branded Sweet Treats brand, according to local officials.
“Since its founding over 85 years ago, Krispy Kreme has remained committed to its origins in Winston-Salem. With this project, we look forward to growing our presence in Winston-Salem, a city that has always meant so much to the brand,” says Josh Charlesworth, Global President and COO for Krispy Kreme.
As an incentive, the City of Winston-Salem has committed to supporting the project with up to $156,456 in performance-based incentives, with Forsyth County pledging $109,600.
“Krispy Kreme is an integral part of Winston-Salem’s history. Along with companies like Reynolds, Hanes, Garner Foods, and others, Krispy Kreme’s story is an example of enterprising entrepreneurs that have gone on to build some of America’s most iconic brands from right here in Winston-Salem,” noted Mark Owens, President and CEO of Greater Winston-Salem, Inc. “As one of our city’s legacy companies, Krispy Kreme has been a cornerstone to building our strong food and beverage manufacturing industry, thus allowing for it to continue to expand here.”
In addition to support provided by the City of Winston-Salem and Forsyth County, Krispy Kreme is also seeking a $60,000 NC Rural Division Building Reuse grant from the NC Department of Commerce.
“This project continues to build the manufacturing momentum in Forsyth County. With the location and talent advantages here, we are able to both retain and encourage new investment from a legacy employer, added Kyle Haney, Director of Community and Economic Development for Forsyth County. “Importantly, this project supports the company’s growth in packaged products for the grocery market, meeting a key area of strategic growth for the company.”
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