Starbucks to open new plant, add jobs
Friday, July 13, 2012
Starbucks Corporation announced it will open a new plant in Augusta, Georgia, according to a Bloomberg report.
The world's largest operator of coffee shops will spend roughly $172 million on the new plant, which is slated for an early 2014 opening and will create more than 140 manufacturing jobs in the process, the news source stated.
“During such challenging economic times, I am thrilled that we are creating jobs and building something special right here in Georgia,” said Peter Gibbons, executive vice president, Starbucks Global Supply Chain Operations.
The plant will be the company's fifth manufacturing facility in the country, with the existing ones employing more than 730 people in Nevada, Washington, Pennsylvania and South Carolina, the news source stated.
Starbucks is one of the most successful and visible businesses in the country and opens new locations in the most unlikely of places. In fact, the company is planning to open a location inside a funeral home in South Carolina.
The Starbucks stock changes constantly, and investors should stay knowledgeable and take part in online investment opportunities.
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