Starbucks has long been associated with its home city of Seattle, Washington.
But the coffee giant is expanding its corporate footprint elsewhere as Seattle becomes a less friendly environment for their work.
Starbucks revealed in an April 21press releasethat it will invest $100 million to expand in Nashville, Tennessee.
The project will employ 2,000 people as Starbucks looks to grow in the southeastern United States. The employees based in Nashville will work “closely with the company’s global headquarters in Seattle.”
Tennessee Republican Gov. Bill Lee celebrated the move, noting that his state “is known nationwide for its strong values and fiscally conservative approach to business.”
“We are proud to add Starbucks to the strong roster of brands that place their trust in our business climate and skilled workforce,” he continued.
“As Starbucks continues to shape their brand and expand their operations, we’re grateful that they have chosen to build a future here, creating up to 2,000 quality jobs for Tennesseans.”
Starbucks CEO Brian Niccol likewise said in the release that “Nashville gives us an opportunity to support that growth with great talent and proximity to our growing number of coffeehouses and suppliers across the Southeast.”
But the boon for Tennessee comes as a bust for Washington.
KCPQ-TV, an outlet based in Seattle,reportedthat Washington could lose as much as $750 million in annual tax revenue from Starbucks planning to expand in Nashville instead.
Source: VidNews » Feed
