S&D Coffee (USA)
S&D Coffee November 2012, S&D Coffee (USA) are investing in the city of Concord (North Carolina) USA in the Food & Drink industry in a Manufacturing project.
The company has received a Cash grant Incentive to the value of $1.86 million USD. A total of 200
new jobs are set to be created by this deal.
Incentive Amount: $1.86 million USD
Details: The state Economic Investment Committee awarded a Job Development Investment Grant (JDIG).
If S&D Coffee meets the targets called for under the agreement and sustains them for ten years, the
JDIG could yield as much as $1.56m in maximum benefits for the company. The company has also been
awarded a grant of up to $300,000 from the state’s One North Carolina Fund.
Incentive Programs (2)
1. North Carolina Job Development Investment Grants (JDIG) : The State of North Carolina’s Job Development Investment Grant (JDIG) is a discretio...
2. One North Carolina Fund : The One North Carolina Fund helps recruit and expand quality jobs in high value-adde...
S&D Coffee, a manufacturing and distribution company that produces coffee, tea and other beverages,
will invest $97m to expand its production facility in Concord, North Carolina. The company plans to
create 200 jobs over the next five years, with an average wage of $36,311.
Industry Sector: Food & Drink
Industry Function: Manufacturing
Project type: Expansion
Capital Investment: $97.00 million USD
Jobs Created: 200