Kraft Invests $40 million in Virginia Facility
03/05/2010
A Kraft Foods spokesperson said the investment reflects the company's commitment to deliver quality products to its customers and consumers.
"This is also a representation of our belief at Kraft Foods that Virginia remains a great place to do business," the spokesperson said.
The Virginia Economic Development Partnership worked with Frederick County and the Winchester-Frederick County Economic Development Commission to close the deal. A $200,000 grant from the Governor's Opportunity Fund will assist the county with the project, and a $300,000 performance-based grant from the Virginia Investment Partnership Program will provide employee training through the Virginia Jobs Investment program.
Kraft Foods, the world's second largest food company, generates annual revenues of approximately $50 billion across its more than 80 brands.
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