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Nestlé Plans $400.5M Expansion in Anderson

December 6, 2022

Ken de la Bastide, The Herald Bulletin

ANDERSON — The Nestlé company is planning a seventh expansion of its facilities in Anderson. Nestlé is seeking a seven-year, 70% tax abatement on a planned $400.5 equipment and plant expansion. The Anderson City Council will consider two resolutions Thursday to set a public hearing date for 6 p.m. Jan. 12 on the tax abatement. The meeting will be in the council chambers of the Anderson city building.

The expansion is expected to create 68 jobs with an annual salary of $6 million.

Greg Winkler, executive director of the Anderson Economic Development Department, said a portion of the planned expansion is to upgrade the facilities' wastewater treatment procedures.

Nestlé announced it was locating in Anderson in 2006 with an initial investment of $359 million and the creation of 300 jobs. Since locating in Anderson, Nestlé has invested approximately $1 billion in its facilities.

The plant currently employs more than 800 workers, with the majority residing in Anderson or Madison County. The council this Thursday is expected to consider a third expansion of the Tippman Group for its Interstate Cold Storage facility. Interstate Cold Storage opened in 2019. Since the company located in Anderson, it has invested more than $47 million in the facility.

Winkler said the expansion currently planned is a $31.5 million investment and will create an additional 20 jobs. The company is seeking a six-year, 60% tax abatement.

The company’s initial investment in Anderson was $25.7 million; the first expansion in 2021 was an investment of $21.5 million. Interstate Cold Storage employs 70 people and intends to hire an additional 33. The starting wage is $26.44 per hour with benefits.


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