Juice Maker Global Concentrate Expanding in VA with $121M Investment
Global Concentrate, a New Jersey-based supplier for traditional and organic fruit and vegetable juice concentrates, purees, puree concentrates, NFC (not-from-concentrate) juices and IQF (individual quick freezing) products, has announced that it will be purchasing approximately 170 acres of industrial land in the Pretlow Industrial Park in Franklin to establish their largest processing operation in the United States.To get more news about Lemon peeling and seedless juicer, you can visit hl-juicer.com official website.
Global Concentrate will invest a minimum of $121 million in tangible business property, real estate and construction, and machinery and tools in Franklin.A total of 50 new full-time jobs will be created in Franklin within 36 months.The contract for the sale of land in the Pretlow Industrial Park for $2 million will be discussed by the Franklin City Council at their meeting Monday night.
“Global Concentrate has been looking to find the best spot in order to expand its American operations,” said Ali Erten, Manager of Global Concentrate’s New Jersey operations.“We believe Franklin and the Pretlow Industrial Park is the perfect place for Global Concentrate to expand its operations in the United States and continue to grow its worldwide business,” said Erten.
The proximity to the Port of Virginia, a strong highway network, a strong site in Franklin, and strong support from Franklin Southampton Economic Development, Inc., were key factors Global Concentrate considered in their location decision, Erten said.
Global Concentrate currently operates in Turkey, Europe, Far East Asia, China, South America and Canada as well as the United States.Global Concentrate looks forward to strong growth in Franklin, as it has experienced in other countries throughout the world.The company currently makes and sells private-label juices sold at retailers such as Aldi’s. Dollar General and Trader Joe’s.Global Concentrate also sells juice concentrate to companies including Tropicana, Campbell Juice, and Kirkland.
Global Concentrate has been working with Franklin Southampton Economic Development, Inc. (FSEDI) to develop this project for the area.Global Concentrate’s initial contact with Franklin was through an FSEDI advertisement for real estate.
It is anticipated that Global Concentrate will close on the property in November, and that construction will begin in 2022.The job creation will occur over a 36-month period as build-out is completed at the Pretlow site.Anticipated build-out for Global Concentrate will be approximately 2,000,000 square feet of new building space.
FSEDI is the economic development organization that has served the City of Franklin and Southampton County since 2005.FSEDI’s mission is to diversify the economy, create high quality jobs, and provide a future for the families and youth of Franklin and Southampton.FSEDI implements that mission through the support of business attraction, the retention of existing industry, entrepreneurship and tourism throughout Franklin Southampton.