MillerCoors, a joint venture between SABMiller and Molson Coors Brewing Company, will invest $60 million to expand its Shenandoah brewery in Rockingham County, VA. The brewery is the newest in the MillerCoors network and is used to service Northeast markets. The project will create 27 new jobs.
“MillerCoors is proud to partner with Virginia on this expansion,” said MillerCoors’ Director of Media Relations Jon Stern. “Our Elkton facility has played a key role in allowing us to efficiently deliver high quality beer to Northeast markets. We look forward to continued success and growth in Rockingham County as we expand our state-of-the-art Shenandoah brewery.”
The Virginia Economic Development Partnership worked with Rockingham County and the Shenandoah Valley Partnership to secure the project for Virginia. Governor Terry McAuliffe approved a $500,000 performance-based grant from the Virginia Investment Partnership program, an incentive available to existing Virginia companies. MillerCoors will be eligible to receive sales and use tax exemptions on manufacturing equipment. Funding and services to support employee training activities will be provided through the Virginia Jobs Investment Program.
“Virginia continues to solidify its status as a leading state for the brewing industry,” said Gov. McAuliffe. “MillerCoors has been present in Rockingham County for nearly 30 years, providing quality jobs. The Shenandoah Valley offers the ideal business climate and workforce needed to brew world-class beer that consumers can enjoy all over the country and world. I am thrilled to have MillerCoors as a partner in our work to build a new Virginia economy.”
MillerCoors brings American beer drinkers quality beers, flavored malt beverages and ciders, including domestic favorites such as Coors Light, Miller Lite, Miller High Life, Coors Banquet, Redd’s and Henry’s Hard Soda. The company also brews Leinenkugel’s Summer Shandy and Blue Moon Belgian White Ale.
“The Shenandoah Valley is fortunate to have the continued commitment and strategic investment of MillerCoors in our diverse regional economy,” said Executive Director of the Shenandoah Valley Partnership Carrie Chenery. “The strength of this key existing employer in the Valley and the partnership we enjoy with them are reflective of our regional economic stability and success as a premier manufacturing and distribution location.”
Relocating or Expanding Your Business In Virginia
Considering Virginia for your company’s relocation or expansion project? Check out Business Facilities’ Virginia Incentives and Workforce Development Guide.