Performance Food Group Company will invest $80.2 million to establish a regional sales and distribution center operation in Hanover County.
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The company will construct a new 325,000 square foot facility in Ashland.
Virginia successfully competed with Pennsylvania and North Carolina for the project, which will create 125 new jobs.
With more than 150 locations in the U.S. and parts of Canada, Performance Food Group is an industry leader and one of the largest food and foodservice distribution companies in North America.
Founded and headquartered in Richmond, Performance Food Group and its family of companies market and deliver quality food and related products to more than 300,000 locations that include independent and chain restaurants; businesses, schools, and healthcare facilities; vending and office coffee service distributors; and big box retailers, theaters, and convenience stores.
Performance Food Group’s success as a Fortune 200 company is achieved through its more than 30,000 dedicated associates committed to building strong relationships with the customers, suppliers, and communities the company serves.
The Virginia Economic Development Partnership worked with Hanover County to secure the project for Virginia, and will support the company’s job creation through the Virginia Jobs Investment Program. The program provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities.
As a business incentive supporting economic development, the Virginia Jobs Investment Program reduces the human resource costs of new and expanding companies. The program is state funded due to Virginia’s commitment to enhancing job opportunities for citizens. Performance Food Group is also eligible to receive benefits from the Major Business Facility Job Tax Credit for new, full time jobs created. ■
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