Business Wire

Westrock Coffee Announces Major Plant Expansions - Including Nation’s Largest Roasting to Ready-To-Drink Packaging Facility

Share

Westrock Coffee Company, LLC (Westrock Coffee) announced plans today to expand its operations and beverage capabilities with the purchase of a new facility in Conway, Arkansas that, when fully built-out, will be the largest facility of its type in the United States. Westrock Coffee will also expand its extracts manufacturing capacity in Concord, North Carolina, and launch new operations in Malaysia that will serve its rapidly growing customer demand across the Asia-Pacific (APAC) and Middle East and North Africa (MENA) regions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211216006195/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

From left to right: Bart Castleberry, mayor of Conway, Arkansas; Will Ford, group president of Westrock Coffee; Scott Ford, CEO of Westrock Coffee; Joe Ford, co-founder and chairman of Westrock Coffee; Michael Preston, executive director of the Arkansas Economic Development Commission at the announcement event at the new Conway, Arkansas Westrock Coffee facility. (Photo: Business Wire)

“We are expanding our finished product offerings, adding end beverage packaging solutions, and expanding our geographic reach to meet our growing customer demand,” said Scott Ford, CEO and co-founder of Westrock Coffee. “Our growth benefits everyone at Westrock Coffee — from our global customers and farmer partners to our current and future employees and the communities where they live. These facility expansion announcements provide further evidence that we are well on our way to accomplishing our mission of building and efficiently operating the preeminent integrated coffee, tea, and extract supply chain in the world in order to enhance the lives of our farmer partners and fuel the success of the customers that we serve.”

“Westrock Coffee Company provides the drink that fuels many Arkansans in the workplace, and others all around the world,” Arkansas Governor Asa Hutchinson said. “The expansion into Conway by repurposing this facility and providing new jobs reflects the growth of Westrock and the fact that Arkansas is a dynamic and welcoming place to do business.”

New Facility in Conway, Arkansas

The company finalized the purchase of a 524,000 square-foot facility in Conway, Arkansas that will provide Westrock Coffee ample space for the development, production, and distribution of its coffee, tea, and ready-to-drink (RTD) products. The location will utilize state-of-the-art equipment, including advanced robotics, specifically designed to efficiently manufacture and package a wide range of beverages, such as canned or bottled cold brew coffees, lattes, assorted teas, and juice-based products as well as single serve coffee cups. The space will also incorporate state-of-the-art quality assurance and product development labs, enabling Westrock Coffee to create, test, and produce new beverage solutions.

“From skilled labor to our business climate, Arkansas has the tools in place to help businesses grow and prosper,” Arkansas Secretary of Commerce Mike Preston said. “We are proud of our homegrown success stories like Westrock Coffee. By implementing a unique business model, Westrock has improved the lives of farmers, employees, and communities at every step in its supply chain. We at AEDC are excited to watch them enter this new phase of development.”

The new Conway location will require a variety of skilled jobs to support our focus on global product innovation, manufacturing, and packaging. Initially, up to 50 new jobs will be created following phase one of the build out, which is expected to be completed in the first quarter of 2023, then growing to approximately 250 positions over time. Many of the jobs needed to operate the facility will require a significantly advanced and skilled workforce, commanding higher salaries, ranging up to over $100,000 per year.

Conway will be an addition to the company's already established presence in Arkansas which has corporate offices in Little Rock and a manufacturing facility in North Little Rock.

“Westrock Coffee and Conway will be an exceptional partnership. I am delighted to welcome them to our community. The city is fortunate to have Westrock Coffee bring its global presence, outlook, and commitment to investing in the lives of their partners throughout the world,” said Bart Castleberry, mayor of Conway. “I look forward to Westrock continuing their success in Conway and abroad for years to come. I would like to thank not only Westrock Coffee but also the Conway Area Chamber of Commerce for their commitment to Conway.”

Upgrades in Concord, North Carolina

In addition, the company announced it is expanding its Commercial Park location in Concord, North Carolina. The expansion of this leading extract manufacturing facility will allow Westrock Coffee to respond to unprecedented growth due to burgeoning customer demand for its extract, tea, and herbal products. The expansion will add two fully automated production lines, which will increase overall capacity of extracts processing at this facility by over fifty percent. The expansion will also include modernizing its current manufacturing and packaging process for bottled products. Upgrades to the Concord facility should be complete by the end of 2022.

“We have seen strong product demand and customer growth over the past year and our expansion puts us at the forefront of providing beverage solutions for any type of business in any form of finished packaging. This progress is a testament to every person who plays a role in our day-to-day operations,” said Ford.

Addition in Johor Bahru, Malaysia

Work is already complete on the 90,000 square-foot, two-building facility in Johor Bahru, Malaysia announced earlier this year, with finished good production set to begin in the first quarter of 2022. The new facility, which is just 30 minutes from the international hub of Singapore, will enhance Westrock Coffee’s roasting capacity to accommodate for increases in manufacturing, packaging, and warehousing, of coffee and extract solutions across APAC and MENA regions. While Westrock Coffee has a history in international coffee trade and export, this will be its first roasting, manufacturing, and packaging facility outside of the U.S.

About Westrock Coffee Company

Westrock Coffee Company, LLC is the leading integrated coffee, tea, and extract service provider in the U.S., providing coffee sourcing and financing, supply chain management, product development, roasting, packaging, and distribution services to retailers, restaurants, convenience stores, commercial accounts, and hospitality customers around the world. With offices in 10 countries, the company sources coffee and tea from 35 origin countries and provides service under both the Westrock Coffee and S&D Coffee & Tea brands.

About Arkansas Economic Development Commission

The Arkansas Economic Development Commission (AEDC), a division of the Arkansas Department of Commerce, seeks to create economic opportunity by attracting higher-paying jobs, expanding, and diversifying local economies in the state, increasing incomes and investment, and generating growth throughout The Natural State. Arkansas is a pro-business environment operating leaner, faster and more focused through a streamlined state government designed to act on corporate interests quickly and decisively. For more information, visit www.ArkansasEDC.com. The Arkansas Department of Commerce is the umbrella department for workforce and economic development drivers. Its divisions and regulatory boards include Division of Aeronautics, Waterways Commission, Wine Producers Council, Division of Workforce Services, Office of Skills Development, State Bank Department, Insurance Department, Securities Department, Economic Development Commission and Development Finance Authority. It was established July 2019 as part of Governor Asa Hutchinson’s wide-sweeping efficiency and transformation efforts to reduce 42 cabinet agencies to 15 while maintaining services for all Arkansans.

Westrock Conway Facility Press Reel:
https://drive.google.com/file/d/1xdNJmARFYNNyyZYzdngiCm6k6WCu99fE/view?usp=sharing

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Lucie Pathmann – SVP Corporate Marketing
501-772-6108
Lucie.pathmann@westrockcoffee.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Altasciences Chosen by Virpax Pharmaceuticals, Inc. to Conduct First-in-Human Study of Epoladerm™ for Chronic Pain Associated with Osteoarthritis of the Knee21.1.2022 19:00:00 EET | Press release

Altasciences is pleased to have been chosen by Virpax® Pharmaceuticals, Inc. (“Virpax”) (NASDAQ:VRPX) to conduct a first-in-human study of Epoladerm™ (diclofenac epolamine) for chronic pain associated with osteoarthritis of the knee. This treatment is supplied in a pre-filled device for administration as a topical spray film. The study will be conducted in Q2 2022 at Altasciences’ clinical pharmacology unit in Montreal, Canada. “We look forward to working with Altasciences to accelerate the development of this analgesic treatment and provide robust data in support of the 505(b)(2) FDA approval pathway,” stated Virpax’s Chairman & CEO, Anthony P. Mack. Virpax’s proprietary technology provides a pre-filled canister for the therapeutic application of a clear, fast-drying spray film that is thinner than a standard liquid bandage. This technology offers convenience and eliminates the need for messy creams or gels. Altasciences leverages decades of experience conducting first-in-human clinic

OMRON Healthcare Remote Patient Monitoring Services Win “Best of” Honors at CES 202221.1.2022 18:21:00 EET | Press release

OMRON Healthcare, Inc., the global leader in remote blood pressure monitoring and personal health technology, spotlighted its new remote patient monitoring services at the 2022 Consumer Electronics Show (CES) and won “Best of” honors for its offerings in the U.K. and U.S: Hypertension Plus by OMRON in the U.K. was selected as a TWICE Picks Awards winner for the 2022 TWICE, Residential Systems and TechRadar Pro Picks Awards VitalSight™ by OMRON in the U.S. was recognised as an INSIDER “Best of” CES selection These remote patient monitoring services gained recognition at the world’s largest innovation show as breakthrough health technology designed to foster greater active health condition management, strengthen the patient-physician connection, and guide behavior change to reduce health risks, while advancing the company’s mission of Going for Zero heart attacks and strokes. “OMRON developed Hypertension Plus as the first step toward transforming chronic care in the U.K., while VitalSig

Schlumberger Announces Fourth-Quarter and Full-Year 2021 Results21.1.2022 14:50:00 EET | Press release

Schlumberger Limited (NYSE: SLB) today reported results for the fourth-quarter and full-year 2021. Fourth-Quarter Results (Stated in millions, except per share amounts) Three Months Ended Change Dec. 31, 2021 Sept. 30, 2021 Dec. 31, 2020 Sequential Year-on-year Revenue* $6,225 $5,847 $5,532 6% 13% Income before taxes - GAAP basis $755 $691 $471 9% 60% Net income - GAAP basis $601 $550 $374 9% 61% Diluted EPS - GAAP basis $0.42 $0.39 $0.27 8% 56% Adjusted EBITDA** $1,381 $1,296 $1,112 7% 24% Adjusted EBITDA margin** 22.2% 22.2% 20.1% 2 bps 208 bps Pretax segment operating income** $986 $908 $654 9% 51% Pretax segment operating margin** 15.8% 15.5% 11.8% 31 bps 401 bps Net income, excluding charges & credits** $587 $514 $309 14% 90% Diluted EPS, excluding charges & credits** $0.41 $0.36 $0.22 14% 86% Revenue by Geography International $4,898 $4,675 $4,343 5% 13% North America* 1,281 1,129 1,167 13% 10% Other 46 43 22 n/m n/m $6,225 $5,847 $5,532 6% 13% *Schlumberger divested certain busi

ZuluTrade - World’s Largest Social Trading Platform Joins the Finvasia Group21.1.2022 14:08:00 EET | Press release

ZuluTrade is strongly positioned to become the biggest and the largest broker neutral social trading platform with acquisition by Finvasia Group. 2022 will see ZuluTrade strengthening its current capabilities and widen its product line by venturing into different markets and financial instruments. The expansion will include contemporary asset classes like cryptocurrencies and traditional asset classes like stocks and bonds. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220120005780/en/ ZuluTrade - World’s Largest Social Trading Platform Joins the Finvasia Group (Graphic: Business Wire) ZuluTrade has been at the forefront of copy trading for more than a decade and has helped over a million investors across more than 100 countries trade a volume of over USD 2 trillion. ZuluTrade 2.0 Future plans include launching a more engaging social investing platform with enhanced social and technology features, built on ZuluTrade’s curre

Ipsen Nominates Karen Witts as New Independent Board Member21.1.2022 09:00:00 EET | Press release

Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220120006035/en/ Karen Witts (Photo: Business Wire) Ipsen (Euronext: IPN; ADR: IPSEY) announced today the nomination of Karen Witts to its Board of Directors as independent member. Karen Witts was Group CFO at Compass Group Plc until October 2021. Compass is the world’s leading food service company, operating in 43 countries and employing more than 500k people. She was responsible for corporate strategy and planning, business performance management and reporting, financial reporting and control, tax and treasury activities, M&A, internal audit and enterprise risk management, investor relations, and led the digital and technology function. Prior to this, Karen was Group CFO at Kingfisher Plc, the international home improvement company. She has also held various senior strategic finance positions at companies including Vodafone Group Services Ltd, and BT Plc. She

Peru Is Presenting Itself at FITUR 2022 as a Bio-safe Destination, Committed to Outdoor Experiences21.1.2022 04:48:00 EET | Press release

Peru is in attendance at the 42nd edition of FITUR 2022 to position itself as a safe and ready destination for international travellers, motivating them to rediscover the South American country, reported the Comisión de Promoción del Perú para la Exportación y el Turismo [Peruvian Export and Tourism Promotion Commission] (PROMPERÚ). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220119005812/en/ Inauguration of the Peru stand at FITUR 2022 by the executive president of PROMPERÚ, Amora Carbajal. ©PROMPERÚ In line with its promotion and recovery strategy, Peru is presenting a delegation made up of 19 co-exhibitors in order to show off the best of its tourist offering in the nature, adventure and culture segments. Likewise, it announced its collaboration with the Asociación Española de Agencias de Incentivos – IdeMICE, in order to enhance the attributes of the destination in this segment. In addition, the executive president of

McAfee Continues to Provide Leading Online Protection to Consumers21.1.2022 04:40:00 EET | Press release

Today, McAfee Corp. (NASDAQ: MCFE, “McAfee”), a global leader in online protection, provided an update regarding its pure-play consumer offering and the previously announced divestiture of its enterprise business. In July 2021, McAfee completed the sale of its enterprise business. This transaction allowed McAfee to singularly focus on its consumer business and accelerate its strategy to be the leader in online protection for consumers. “McAfee continues to safeguard the privacy, security and identity of our consumers as the digital world evolves rapidly,” said Gagan Singh, Executive Vice President & Chief Revenue and Product Officer, McAfee. “We continue to stand firm that meaningful protection is a personal right for consumers and have recently rolled out major updates and industry firsts, including McAfee Total Protection and Protection Score, that look out for consumers online, including their privacy and identity.” The McAfee Enterprise business was purchased by Symphony Technology

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom