Procter & Gamble Co (NYSE:PG) plans to build a multi-category generating facility in West Virginia. The plant, which it plans to build, is projected to be functional in 2017 and will be the most sustainable and advanced among P&G’s worldwide manufacturing and supply chains.
The one million plus square foot facility for P&G shows a capital investment of US$500 million and is expected to produce several brands when functional. There are around 29 plants in 21 states in the USA owned by P&G. In West Virginia, however, it will be its first plant andonly the second new site since 1971 in the US .
This new multi-category manufacturing plant is in line with the redesign of P&Gs North American supply connection.
According to P&G’s Global Product Supply Officer, YannisSkoufalos:
“This new plant will leverage economies of scale and standardized manufacturing platforms to P&G’s advantage by allowing us to produce multiple brands at one strategic location.”
P&G is also positioned strategically in the Eastern Panhandle of West Virginia,allowing for new division connections, to large facilities in Georgia, Pennsylvania and Ohio. YannisSkoufalos further added:
“This will enable us to rapidly and efficiently serve retail customers and consumers throughout the eastern half of the United States, reaching 80% of them within one-day transit.”
Governor Earl Ray Tomblin stated:
“This is a significant investment by Procter & Gamble and a huge win for the state of West Virginia. As the world’s leading consumer-goods manufacturer, P&G is one of the most reputable companies in the world and is a superb employer. In the initial phase, the facility will create over 1,000 construction jobs, and, when it opens, will employ approximately 700 full-time, highly skilled P&G workers. We are excited to welcome Procter & Gamble to West Virginia, and we look forward to a strong working relationship with the company for many decades to come.”