E&J Gallo invests US$423m in new US plant to support future business growth

US – E. & J. Gallo Winery (Gallo), a global wine and spirits company, has announced plans to build a new state-of-the-art production facility and distribution center in Chester County, United States to support future business growth and its long-term innovation plans.

According to a statement from family-owned company, the new facility to be constructed at a cost of US$423 million will create 496 new jobs over the next eight years.

The facility will provide bottling and canning capacity as well as warehousing and distribution for the company’s growing portfolio of wine and spirit brands.

With the new South Carolina facility, E&J Gallo will also be in a better position to meet customer demand on the East Coast, while reducing its overall carbon footprint.

Located near the Port of Charleston, the new site will also serve as a hub for E & J Gallo’s import and export business.

“Gallo’s investment will transform Chester County and contribute greatly to South Carolina’s economic prosperity,” said South Carolina Governor, Henry McMaster.

“Creating a business environment in which world-class brands can grow and thrive is critical to South Carolina’s long-term economic success, especially in our rural communities. We are glad for their partnership and look forward to a long and fruitful relationship.”

South Carolina’s Coordinating Council for Economic Development has approved job development credits related to the project.

A US$16 million Rural Infrastructure Fund grant has also been awarded to Chester County to assist with costs of the project.

To further support the project, the South Carolina Department of Commerce went before the Joint Bond Review Committee and the State Fiscal Accountability Authority and received authorization for $8 million in bonds to offset costs of off-site mitigation under the Economic Development Bond Act.

E&J Gallo says construction on the new facility is set to begin almost immediately, with the first phase of the project on track to be completed in October of 2022. 

Earlier, E & J Gallo Winery announced that it had completed the acquisition of more than 30 wine brands from Constellation Brands, nearly two years after the deal was first announced.

Liked this article? Subscribe to Food Business Africa News, our regular email newsletters with the latest news insights from Africa and the World’s food and agro industry. SUBSCRIBE HERE

Related Posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.