Farmer Bros. brewing $40M Denton County HQFarmer Bros. brewing $40M Denton County HQhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=11382015-05-01T07:35:00Z2015-05-01T09:30:00Z

NORTHLAKE - Farmer Bros. Co. — a 103-year-old coffee company that is based in Torrance, Calif. — has announced that it will open a $40 million headquarters on I-35 near Texas Motor Speedway.

About 300 people will work in the half-million-sf business complex, which is expected to open in 2016.

Northlake County and Denton County are providing economic incentives to help pay for the move, which will result in $12 million to $15 million in annual savings for the company.

Farmer Bros. said the move to a new headquarters in Texas will result in $12 million to $15 million in annual savings.

Farmer Bros. has been in business since 1912. It has annual sales of more than a half billion dollars for coffee, tea and culinary products. The company has about 1,800 employees.

Dallas Morning News
Dallas-Fort Worth-Arlington
http://bizbeatblog.dallasnews.com/2015/04/california-coffee-company-moving-hq-to-north-texas.html/Read more at {Source}

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