Campbell Soup Company will invest $50 million into its headquarters in Camden, merging and relocating its Charlotte and Norwalk offices on-site.
Over the next three years, it plans to use the investment to “enhance its Camden facilities to drive greater creativity, collaboration and career development” and accommodate more than 1,600 employees, who will be located on its renovated campus. The company’s buildings in Charlotte and Norwalk will close, and team members will relocate to Camden in the middle of the year.
Campbell’s president and CEO, Mark Clouse, said: “We are thrilled to invest in our people, our facilities and our Camden community, which Campbell has called home for more than 150 years”.
He continued: “We remain committed to our two-division operating model and are confident that being together in one headquarters is the best way for us to continue building a culture that unlocks our full growth potential. This investment will ensure Campbell remains a great place to work and a compelling destination for top talent.”
The investment includes upgrading existing space and constructing new buildings, including a new campus centre and a snacks R&D centre and pilot plant. Construction is expected to start in March 2023.
New Jersey governor, Phil Murphy, commented: “Campbell is an iconic New Jersey company, and I’m pleased with their commitment to invest and grow in our state. This plan will create jobs, stimulate economic development and strengthen Campbell’s roots in Camden, where their efforts have played an essential role in the continued transformation of the city.”
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