New Nestlé USA headquarters in Rosslyn, Va.
USA
Nestlé USA, a subsidiary of Nestlé S.A., will relocate its corporate headquarters from Glendale, Calif., to Arlington County, Virginia starting later this year. The move signals Nestlé’s commitment to future investment and growth in the U.S.
“Nestlé has been innovating and making strategic changes to the business over the past five years,” said Paul Grimwood, Nestlé USA chairman and c.e.o. "This move is the next step in our evolution. We carefully considered a number of options and Arlington hits all the marks.”
The move responds to the rapid pace of change in the food industry with a new, more efficient structure and closer proximity to the bulk of its business and stakeholders. Currently, 75% of Nestlé USA’s factories and 85% of its top customers are located in the eastern half of the United States. In addition, 80% of the company’s products are sold east of the Mississippi River. The company expects to bring approximately 750 jobs to the Washington, D.C. area with this transition.