Cosentino Announces Plan to Expand Manufacturing to North America
The signed agreement to acquire land and develop a new manufacturing facility in Jacksonville (Florida), is a first for the brand, strengthening how it serves its biggest market in the world with innovation, sustainability and safety in mind.
Subject to closing, ground is slated to break in Jacksonville, Florida, by January 2025 at the latest with a target completion date by the end of 2028.
In parallel, Cosentino will continue with its modernization and growth plan for the Cantoria (Almería) industrial park.
Cosentino, leading global manufacturer and distributor of innovative and sustainable surfaces for architecture and design, has announced plans to expand its manufacturing to North America, which would mark Cosentino’s first manufacturing facility beyond its Industrial Park in Almería, Spain, and natural stone factory in Vitoria, Brazil. Subject to closing, ground is slated to break in Jacksonville, Florida, by January 2025 at the latest with a target completion date by the end of 2028 and an estimated investment of $270 million (€249,5 million).
“This is one of our greatest milestones yet. The North American market has come to represent more than half of our global sales since we established a foothold here in 1997, and has played a pivotal role in positioning our brand at the forefront of the industry. This endeavor is part of our long-term vision and has been in development for many years. We’re confident the new manufacturing facility will propel further growth for years to come”, said Eduardo Cosentino, CEO of Cosentino NorthAmerica and EVP of Global Sales.
This marks the second major expansion for the international brand to Florida; in 2017, Cosentino relocated its Americas headquarters from Houston to Coral Gables. Cosentino employs nearly 6,000 people around the world, including more than 1,400 in North America to support its corporate offices. The company has one of the largest logistics and distribution networks of a company in its industry with 60 own infrastructures, including 45 distribution centers, 5 logistical hubs, and its 10 showrooms across the US and Canada.
Cosentino’s site, subject to closing, is strategically located on 130 hectares 30 kilometres east of the Port of Jacksonville (JAXPORT) and just minutes away from Interstate 10. It will help streamline distribution channels in North America to meet demand for the brand’s most sought-after colors. Cosentino anticipates Phase One of expansion will create approximately 180 jobs. This new facility will offer the possibility to expand the manufacturing of any Cosentino products and the company is currently assessing which will be included in Phase One
“As we considered different cities across the United States, it quickly became clear how much Jacksonville and the state of Florida have to offer,” Cosentino said. “The facility’s proximity to ports, railroads and key infrastructure, coupled with expansion opportunities and incentives at the state and regional level, make this a win-win. We are so thankful to have the support of the City of Jacksonville, Florida state officials and other leaders in the Jacksonville community, and we look forward to this being a new home for Cosentino”
The industrial project, which will have the same high standards in terms of innovation, sustainability and safety that exist in its current factories, contemplates possible additional phases of expansion in the coming years to support the logistical movement and storage of product, as well as further development of its product lines as necessary.
"Jacksonville continues to attract exciting economic development opportunities, growing its reputation as a phenomenal place to live, work and play," said Mayor Lenny Curry. "Cosentino’s focus on sustainability and clean manufacturing will benefit our city tremendously. I am eager to welcome Cosentino to Jacksonville's manufacturing and logistics community.”
In parallel, Cosentino will continue with its modernization and growth plan for the Cantoria (Almería) industrial park. For the next three years, the company's strategic plan foresees continuing to invest significantly to support expected growth, with an estimated volume of approximately €400 million over the 2023-2025 period. The largest amount will focus on the expansion and growth of production capacities within the criteria of sustainability and energy efficiency.
Tags: Cosentino North America, Investments, Sustainability, USA | 2 semanas ago | Written by: Cosentino