MOORE, S.C. — Keurig Green Mountain Inc. will invest $350 million to build a new roasting and packaging facility in Moore, a city in Upstate South Carolina’s Spartanburg County.
The specialty coffee and coffeemaker company acquired 215 acres of land within Tyger River Industrial Park from Pacolet Milliken Enterprises to build the new facility, which is expected to create 500 new jobs upon completion.
Garrett Scott, John Montgomery and Brockton Hall of Colliers International represented Pacolet in the transaction.
“As we plan for the future, we’re pleased to locate our newest facility in Spartanburg County to support our growth,” says Richard Jones, chief supply chain officer for Keurig. “We view the region’s talented employee base and attractive business environment as the right place to invest.”
The new production facility will primarily house coffee roasting and packaging for Keurig’s single-serve K-Cup pods, and will have the potential to support beverage distribution and warehousing in the future.
Prior to the sale, Pacolet made significant investments in sewer and power infrastructure at the site, and built a new road that will serve Keurig and the rest of the business park. The Greenville, S.C.-based developer has an additional 10 sites within Tyger River Industrial Park that can accommodate 3.7 million square feet of development capacity.
Keurig will be the sixth major investment at the development since 2014, joining companies such as Toray Carbon Fibers of America, Ritrama, Kobelco and Magna International.
With a history dating back to 1981, Keurig’s products are used in 25 million homes throughout North America. More than 50 global coffee, tea and cocoa brands have partnered with Keurig, offering customers approximately 500 varieties of beverages.
— Camren Skelton