Mon November 19, 2012
S&D To Add 200 Jobs In Concord
If you’re a coffee drinker, there’s a good chance you’ve had a cup of S&D Coffee and don’t know it. The Concord-based company supplies McDonalds, Dunkin Donuts, Circle K, and Krispy Kreme, among others, with coffee, tea, and creamers. S&D has over 600 employees in the state and now plans to add another 200 to that count.
S&D announced back in July that it was looking to expand, but it didn’t say where. Department of Commerce spokesman Tim Crowley says the company was studying South Carolina, Tennessee, Kentucky, Indiana, and West Virginia as potential spots for a new plant. He says that set off a bidding war, which North Carolina won.
"This is a significant get," Crowley says. "We were able to create the 200 jobs over five years, but the other important thing is we were able to retain the more than 600 positions the company already has in North Carolina."
The company agreed to add 200 jobs in Concord at an average salary of $36,000 a year. In return, Crowley says, S&D will receive more than $4 million from the state and $2 million from local government.