200 Jobs Coming to Cabarrus County with S&D Coffee Expansion

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by FOX Charlotte

Story Created: Nov 19, 2012 at 8:40 PM EDT

Story Updated: Nov 19, 2012 at 8:40 PM EDT

CABARRUS COUNTY, NC -- Gov. Bev Perdue announced today that S&D Coffee, a privately-owned manufacturing and distribution company that produces coffee, tea and other beverages, will expand its presence in Concord. The company plans to create 200 jobs over the next five years and invest $97 million. The project was made possible in part by state grants from the Job Development Investment Grant and the One North Carolina Fund award.

 “Creating new jobs is my top priority,” said Gov. Perdue, “One of the best ways to do that is by helping existing companies expand. We know we have a strong business climate and the skilled workforce that S&D Coffee needs to grow and thrive in North Carolina.”

Founded in1927 in Charlotte, S&D Coffee began providing fresh roasted coffee to local and regional grocery stores. The company grew and expanded its product offerings and services to customers. Currently, S&D produces an extensive line of products that include roasted whole bean and ground coffee, specialty coffees, cappuccinos, lattes, hot chocolates, iced tea, hot tea, juices, syrups, toppers and condiments. The company supplies coffee products to restaurants, hotels, vending and offices.

"Our business continues to grow and expand at a time when many companies have struggled" said Ron Hinson, chairman of the board, president, & CEO of S&D Coffee and Tea. "We considered locations in other states for this new round of expansion, but decided to stay in North Carolina and the Concord community. We thank the state of North Carolina, Cabarrus County and the city of Concord for their tremendous support. It seems fitting that S&D’s bright future as a premier national manufacturer should advance in the same community where we have been since 1929."

S & D Coffee, with its headquarters facility in Concord since 1929, has grown to become one of the city’s largest employers. The company employs 613 workers in seven sites across the state.  Due to significant gains in market share over the last ten years, S & D has seen sales grow 400% over that period. Current and future growth is driving the company’s need for expanded facilities.  

Salaries will vary by job function, but the average wage of the new positions is $36,311. The Cabarrus County average wage is $32,292.

 

 

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