Starbucks to invest $130M in China to open new roasting facility

Source: Starbucks

New roasting facility in 2022 will be Starbucks largest manufacturing facility outside the U.S.

Starbucks Coffee Company, the global roaster and retailer of specialty coffee has announced that it will invest approximately $130 million (USD) in China to open a state-of-the-art roasting facility in 2022 as part of its new Coffee Innovation Park (CIP).

As Starbucks largest manufacturing investment outside of the U.S. and its first in Asia, the CIP will incorporate a roasting plant, warehouse and distribution center, creating highly-skilled jobs and new career opportunities that will further drive smart and sustainable coffee manufacturing in China.

The plant will serve as a key component of the Company’s global roasting network, and the bold infrastructure investment further deepens Starbucks multi-decade commitment to strengthen the specialty coffee industry in China, where it aims to have 6,000 stores by 2022.

Belinda Wong, chairman and chief executive officer, Starbucks China said, “Starbucks has spent the past 20 years sharing its passion for coffee across China and helping to build a leading industry that makes us all proud. The roasting facilities at the Coffee Innovation Park will set a blueprint for the future of coffee roasting and supply chain management, and further elevate China’s coffee industry, while supporting Starbucks growth in China, with China. Starbucks has always taken a long-term view in China, and our commitment to the market has never been stronger.” 

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