Starbucks Corporation (NASDAQ:SBUX) is set to open an Evolution Fresh Factory in California.
Starbucks To Open Huge Juice Factory
The coffee retailer Starbucks Corporation (NASDAQ:SBUX) will open a new 260,000 square-foot factory for its Evolution Fresh juice business in Rancho Cucamonga, California.
It expects to open the new factory next year to expand the production and distribution capacity of the Evolution Fresh bottled drinks.
The company will move its current San Bernardino facility to the new factory, with the present 120 employees to be offered positions in the new plant along with 40 new hires.
Starbucks Corporation (NASDAQ:SBUX)’s president of channel development Jeff Hansberry said, “This will allow us to go further, faster with Evolution Fresh juices”.
Starbucks Corporation (NASDAQ:SBUX) stocks are currently standing at 48.10.