Philip Morris USA (PM USA) recently announced it intends to invest over $50 million to establish a tobacco leaf storage warehouse complex on 118 acres in Chester, Virginia. PM USA will lease four buildings totaling one million square feet off of Bermuda Hundred Road in the Meadowville area of Chesterfield County.
PM USA is developing the new warehouse complex to store raw materials used in making its tobacco products. The warehousing complex will complement PM USA’s existing leaf storage warehouses in the Richmond area.
“This new PM USA facility will be a welcome addition to our corporate community and once again indicates Chesterfield’s commitment to providing a business friendly environment,” said James Holland, Chairman of the Chesterfield County Board of Supervisors.
“Altria is one of the top 10 largest employers in the area and we are pleased that they found Chesterfield County to be the right place for their continued investment,” said Jay Stegmaier, County Administrator of Chesterfield County.
Chesterfield Economic Development, the Virginia Economic Development Partnership, Greater Richmond Partnership, Seefried Industrial Development, Timmons Group, and CBRE assisted PM USA in the site selection process.