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Community Coffee to expand corporate HQ and production in Louisiana
Posted on 7/6/23 at 8:19 am
Posted on 7/6/23 at 8:19 am
Yet they are also opening a small office in Texas for the CC's coffee house leg of the business.
TheAdvocate
quote:
Community Coffee is planning a $4 million expansion at its Baton Rouge headquarters that will include technology upgrades and 15 new jobs, according to a state tax incentive application the company has filed.
Of the $4 million, about $3.8 million will be steered toward machinery and equipment costs for the company’s Partridge Lane headquarters, according to Community Coffee’s application for the state’s Quality Jobs program, which provides rebates on payroll and capital expenditures for companies that create new jobs. The rest of the sum will go to building, material, labor and engineering costs.
quote:
The Baton Rouge coffee maker also opened an office in Frisco, Texas in June.
TheAdvocate
This post was edited on 7/6/23 at 8:21 am
3
Posted on 7/6/23 at 8:46 am to frequent flyer
quote:
$4 million expansion
-
quote:
$3.8 million will be steered toward machinery and equipment costs
=
quote:
15 new jobs
that's an avg of 13k per job...
Posted on 7/6/23 at 9:17 am to frequent flyer
Community Coffee doesn't even own CC's coffee house. It was considered a huge failure so they sold that part of their business off. Now it has become successful and they are kicking themselves in the arse. What's even worse? They don't even supply the coffee to them. At least Al Copeland was smart enough to contract the new owners to get their chicken/spices from him when he sold Popeyes/Churches off.
Posted on 7/6/23 at 10:06 am to frequent flyer
I wonder what kind of tax benefit they are getting and how long it will take for the income tax of those new jobs to pay it back.
My guess is it will take 1,000 years to offset and CC opened that office in Texas to scare the politicians enough to ensure that Louisiana the tax incentive was granted.
My guess is it will take 1,000 years to offset and CC opened that office in Texas to scare the politicians enough to ensure that Louisiana the tax incentive was granted.
This post was edited on 7/6/23 at 10:11 am
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