Mondelēz International is planning to invest $122.5 million in its Henrico County supply chain operations over the next three years.
The snack giant’s planned investment includes a 68,000-square-foot expansion of its Richmond Biscuit Bakery.
The facility will support its Richmond manufacturing operations and the expanded site will house a high-speed Oreo production line.
The company will also be establishing a new sales fulfilment centre. The fulfilment centre will support Mondelēz’s sales and distribution in the US and is scheduled to open in 2022, creating approximately 80 new jobs in Henrico County.
Virginia Governor Ralph Northam commented: “Mondelēz International’s long-term investment in central Virginia is a testament to the region’s top-notch talent and strong business climate. We thank Mondelēz for its long-term partnership and we look forward to its continued success here in the Commonwealth.”
The Virginia Economic Development Partnership worked with the Henrico Economic Development Authority to secure this investment for Virginia.