Nestlé Plans $200M Anderson Investment
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowNestlé USA is continuing to grow its Anderson operations. Our partners at The Herald Bulletin report the company plans to invest more than $200 million to purchase and install new equipment in the facility, and create 30 jobs.
The company will next week ask the Anderson City Council to approve a preliminary declaratory resolution for a seven-year, 70% tax abatement for the project, according to the publication. Final approval could come at the council’s January 9 meeting.
The Anderson facility employs some 800 workers. The new jobs will come with an average hourly wage of just over $36 and an annual payroll of $2.25 million.
Anderson Economic Development Department Executive Director Greg Winkler tells The Herald Bulletin Nestlé has invested about $1 billion in its facilities since locating in the Madison County city in the mid-2000s.
The announcement comes nearly two years after Nestlé detailed plans to invest $80 million in Anderson and add 30 jobs.