Market news, 15 April 2024
Georgia Governor Brian P. Kemp announced today that Rivacold, a Italian manufacturer of refrigeration systems, will create 140 jobs and invest $5 million in a new manufacturing facility in Buford. Newly created jobs will include skilled positions in manufacturing.
“We are honored to welcome Rivacold to Georgia with the opening of their first U.S. facility in Buford,” said Governor Kemp. “Rivacold will join a booming manufacturing industry in our state, and I am excited for the opportunities this new facility will create for hardworking Georgians in Gwinnett County.”
Headquartered in Montecchio, Italy, Rivacold currently employs 1,200 worldwide. Their products are used in a variety of sectors including food retail, medical, vending machines, and the dairy industry.
“After 53 years of leading refrigeration innovation design and service in Europe, Rivacold is excited to establish itself in the North American market,” said Doug Schmidt, President of Rivacold North America. “Our proven, unique advantage is our ability to provide cooling solutions which are customized to the application’s need. Throughout our experience, we’ve learned that the only way to serve customers properly is to have local design and manufacturing to meet the rapidly changing demands of our customer base. For that reason, we are excited to announce our commitment to the North American market, the State of Georgia, and Gwinnett County with the opening of our production facility this summer in Buford.”
"Rivacold's decision to locate in Gwinnett is further proof that we are leading the way in advanced manufacturing," said Gwinnett County Board of Commissioners Chair Charlotte Nash. "Gwinnett provides the workforce, infrastructure, and collaborative business environment that these industry leaders need to thrive, and we look forward to their longstanding success in our community."
Georgia Department of Economic Development (GDEcD) Director of International Investment Nico Wijnberg represented the Global Commerce division in partnership with Partnership Gwinnett, Georgia Power, and Quick Start.
Source: https://www.georgia.org/
