GLENDALE (CNS) - Nestlé USA announced today it is moving its corporate headquarters out of Glendale and relocating to Rosslyn, Virginia, with the transition expected to be completed by the end of next year.
“We carefully considered a number of options and Arlington (County) hits all the right marks,'' said Paul Grimwood, chairman/CEO of Nestlé USA. “Not only is it attractive to our current employees while offering a great talent pool for the future, but this location allows us to be closer to our business operations, our customers and other important stakeholders.''
The company noted that 75 percent of its factories and 85 percent of its top customers are located in the eastern half of the United States. It's unclear how many employees in Glendale will be affected by the move. Company officials said Nestlé will still have about 5,500 employees in California, with nine manufacturing facilities located in the state for products including Dreyer's Ice Cream, Purina PetCare and Nestlé Waters North America.
The new Nestlé headquarters will be in Rosslyn, just over the Key Bridge from Georgetown. The company will move into an office building at 1812 N. Moore St., which has sat vacant since construction finished nearly four years ago. A media report out of Virginia indicated the company will occupy up to 10 floors, and bring at least 700 employees.
The building is the tallest in the metropolitan Washington, D.C., area.
Nestlé, which has been described at times as the world's biggest food company in terms of revenue, has its global headquarters in Vevey, Switzerland.