Performance Food Group to build $80M facility in Hanover

Ashland regional sales, distribution center to create 125 jobs

Kate Andrews //November 11, 2021//

Ashland regional sales, distribution center to create 125 jobs

Kate Andrews //November 11, 2021//

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Performance Food Group Co., the Goochland-based Fortune 500 food distribution corporation, plans to invest $80.2 million on a new facility in Hanover County, creating 125 jobs, Gov. Ralph Northam announced Thursday. The regional sales and distribution center will be housed in a 325,000-square-foot building in Ashland.

“This new facility will be instrumental in advancing Virginia’s fast-growing supply chain management and logistics industries,” Northam said in a statement. “Performance Food Group‘s significant investment in Hanover County and growing presence in Virginia is a testament to our strong business climate, robust infrastructure and top-notch talent. We look forward to seeing the positive outcomes from this project’s investment and job creation.”

Virginia competed with Pennsylvania and North Carolina for the project.

“Since the company’s founding in Richmond in 1885, Performance Food Group has called Virginia home,” Performance Food Group Chairman, President and CEO George Holm said in a statement. “With our new state-of-the-art food distribution facility in Hanover, Performance Food Group reaffirms its commitment to Virginia, our associates and our valued customers. Virginia’s talented workforce and business-friendly environment will continue to fuel Performance Food Group’s plans for growth.”

Performance Food Group, which went public in 2019, has a network of more than 150 locations in the United States and Canada, providing food to more than 300,000 locations, including restaurants, businesses, schools, hospitals, retail outlets, theaters and other facilities. In September, PFG completed its acquisition of convenience store supplier Core-Mark for $2.5 billion in stock and cash, a purchase expected to add about $17 billion to PFG’s annual sales.

The Virginia Economic Development Partnership worked with Hanover County to secure the project, and VEDP will support job creation through its Virginia Jobs Investment Program. Performance Food Group is also eligible for benefits through the Major Business Facility Job Tax Credit for the full-time jobs created.

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