Massimo Zanetti Beverage USA Building New Distribution Center In Virginia
Source Massimo Zanetti Beverage USA
Massimo Zanetti Beverage USA will open a state-of-the-art distribution center in Suffolk as a strategic investment in the company's distribution operations for brands such as Chock full o'Nuts, Hills Bros., Kauai Coffee and Segafredo Zanetti.
SUFFOLK, VIRGINIA (June 11, 2020) – Massimo Zanetti Beverage USA (MZB-USA), one of the largest vertically integrated coffee companies in North America, has announced plans to open a new state-of-the-art distribution center in Suffolk, Virginia. This new facility will support its corporate headquarters and main roasting operations also located in Suffolk. The new 355,933 square foot distribution center will be in the Equus Capital Partners’ Virginia Port Logistics Park.
“We are pleased to announce the selection of Virginia Port Logistics Park as our East Coast distribution center. This announcement was the result of a concerted effort in partnership with the City of Suffolk, Equus Capital Partners, and JLL to align our long-term strategic market and supply chain initiatives with a national outlook,” said MZB-USA Senior Vice President of Supply Chain Doug Nesmith. “This facility will position us for greater efficiency and continued growth, add to the economic vitality of the area, and bringing great people to Suffolk – along with some of the best coffee on earth.”
This expansion is a strategic investment in the company’s distribution operations for beloved and iconic brands such as Chock full o’Nuts®, Hills Bros.®, Kauai Coffee®, and Segafredo Zanetti®. This new initiative will not only allow MZB-USA to strengthen logistic operations but its customer responsiveness as well. The new finished goods warehouse will provide high-tech enhancements to their supply chain and more space for diverse product storage capacity, as well as offer room for future expansion as they grow with their markets.
“Massimo Zanetti Beverage USA is a great community partner and one of the most significant anchors in our established ‘Caffeine Capital’ economy. Our food and beverage processing sector is one that we take great pride in, and the opportunity to see it expand in Suffolk is a cause for celebration,” said Suffolk Mayor Linda T. Johnson. “We look forward to working with MZB-USA and Equus Capital Partners on the expansion in Suffolk with the construction of this new, state-of-the-art distribution center where they can continue their tremendous success for years to come. We welcome MZB-USA as the newest tenant at the Virginia Port Logistics Park.”
Virginia Port Logistics Park is owned and operated by Equus Capital Partners (Equus), one of the nation’s largest developers and private real estate managers. Equus will continue to serve as the lead developer on this project. “Equus Capital Partners is excited to partner with MZB-USA at our new Virginia Port Logistics Park property in Virginia,” Dan DiLella Jr., Equus Senior Vice President, said about the announcement. “MZB-USA is an impressive operation with significant product distribution needs, and we are thrilled that our property will play a role as they increase efficiency and capacity with this new facility. The Virginia Port Logistic Park in Suffolk possesses additional development opportunities and Equus looks forward to supporting future users and their needs for quality, Class A logistics space in the region.”
“The Port of Virginia has a long-standing and important relationship with MZB-USA and we applaud its strategic decision to expand to Virginia Port Logistics Park,” said John F. Reinhart, CEO and executive director of the Virginia Port Authority. “MZB-USA joins a flourishing coffee handling and manufacturing industry in Suffolk that is leveraging the port’s ongoing investments to drive growth of this niche industry. Our ability to connect MZB-USA and its peers with strategic access to world markets will help drive investment and job growth for decades.”
MZB-USA worked with Jones Lang LaSalle (JLL) on site search and negotiations at the Virginia Port Logistics Park. The park is represented by Colliers International.
Construction is expected to begin this summer with completion in summer of 2021.