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.
Most Read
-
-
Where to Invest in the Booming Aerospace Manufacturing Industry
2019 Auto/Aero Site Guide
-
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019
-
A Changing Food Manufacturing Industry
2017 Food Processing
-
33rd Annual Corporate Survey & the 15th Annual Consultants Survey
Q1 2019
-
Front Line: Manufacturers Look to Nontraditional Locations
Q3 2019
-
The 3 Cs of Successful Site Selection: Company, Culture, and Community
Q2 2019