`Major Spanish Producer Acesur Announces New Facility in Virginia

N. America

Major Spanish Producer Acesur Announces New Facility in Virginia

Feb. 6, 2020
Zach Lisabeth

Recent News

Acesur, an inter­na­tional olive oil com­pany in oper­a­tion since 1840, announced it will be open­ing a new man­u­fac­tur­ing site in Suf­folk, Vir­ginia. Gov­er­nor Ralph Northam boasted that the new busi­ness is pro­jected to bring $11 mil­lion and 29 new jobs to the state.

Vir­ginia has a strong work­force and a world-class trans­porta­tion net­work that allows busi­nesses to eas­ily import and export their prod­ucts through the Port of Vir­ginia,” the gov­er­nor said in his offi­cial state­ment. These and other advan­tages con­tinue to attract global com­pa­nies that want to launch in the United States, and I wel­come Acesur USA to the Com­mon­wealth.”

Acesur will ben­e­fit from a $120,000 grant from the Com­mon­wealth Oppor­tu­nity Fund over­seen by the gov­er­nor. Joseph Fairchild, the vice pres­i­dent of oper­a­tions and direc­tor of pur­chas­ing at Acesur USA LLC sug­gested the decid­ing fac­tors for the company’s deci­sion included, mar­ket prox­im­ity, pro­gres­sive infra­struc­ture invest­ment, as well as the Port of Virginia’s prox­im­ity to the plant.”

Head­quar­tered in Spain, Acesur is a com­pany with ver­ti­cally inte­grated hold­ings and inter­ests up and down the olive oil sup­ply chain. The com­pany man­ages the pro­duc­tion, refin­ing, bot­tling, mar­ket­ing and expor­ta­tion of olive oil in addi­tion to other veg­etable oils and condi­ments. They own sev­eral pop­u­lar food brands includ­ing Ital­ica, La Española, Hacienda Guzmán and Villa Blanca.

Acesur first began export­ing to the United States in 1975, though the Suf­folk facil­ity will be their first per­ma­nent hold­ing of its kind in North Amer­ica.

Advertisement

The new olive oil facil­ity will man­age imports from Argentina, Aus­tralia and Spain under the ban­ner of Acesur’s US sub­sidiary. Vir­ginia had been in com­pe­ti­tion with North Car­olina for this plant, but the Old Domin­ion State ulti­mately won the day.

Suf­folk Mayor Linda T. John­son said about Acesur and their deci­sion to come to Suf­folk, We are con­fi­dent that their well-respected inter­na­tional pres­ence will be a com­ple­men­tary blend with our skilled work­force and favor­able busi­ness envi­ron­ment.”


Related News