Peet’s Coffee and Tea to open roastery on east coast of US

Peet’s Coffee and Tea is taking the next step in its expansion into markets on the US’ east coast with plans to open a new roasting facility in Virginia. The specialty coffee company, which started out in Berkeley, California, plans to spend US$58 million on the new plant, which it says will give it the capacity to supply fresher coffee to key markets on the country’s east coast. The company’s CEO, Dave Burwick, has said that the new facility will create 135 new jobs. The new roasting plant will double the company’s production capacity. Peet’s was bought by German investment firm JAB in 2012, and has since taken over fellow specialty roaster Stumptown and a majority stake in Intellegentsia.

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