Peet’s Coffee has announced today that it is opening a $58 million, 175,000-square-foot production facility in Suffolk, Va. The East Coast roastery, near the Port of Virginia, will be the company’s first outside of its Alameda, Calif. production headquarters.
Peet’s has expanded its retail footprint in recent years to include a flagship concept store in Washington D.C., as well as stores throughout the Washington metropolitan area. Though the vast majority of Peet’s outlets remain in the company’s home state of California, it now has locations in Maryland, Virginia, Massachusetts and Illinois.
Since 2012, the longtime roasting company has been owned by Joh. A. Benckiser, the investment holding company of the German billionaire Reimann Family. The company has since acquired Portland, Ore.-based Stumptown Coffee Roasters and Chicago-based Intelligentsia Coffee. Neither of the latter companies were mentioned Peet’s roastery announcement, which lauded the efforts of local and state officials to get the deal done.
Peet’s was unable to accommodate an interview request.
Nick Brown
Nick Brown is the editor of Daily Coffee News by Roast Magazine.
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