Nestlé USA to Move Headquarters to Virginia

World’s largest food company reinforces commitment to operating at
the forefront of changing consumer demands

ARLINGTON, Va.–(BUSINESS WIRE)–#nestle–Nestlé USA, a subsidiary of Nestlé S.A., a leading global nutrition,
health and wellness company, today announced that it will transition its
corporate headquarters to Arlington County, Virginia starting later this
year. The move marks an important milestone in the company’s history and
signals Nestlé’s commitment to future investment and growth in the U.S.
With the move, the company also demonstrates its leadership in
responding to the rapid pace of change in the food industry with a new,
more efficient structure and closer proximity to the bulk of its
business and stakeholders. The company expects to bring approximately
750 jobs to the Washington, D.C. area with this transition.


“With the food and beverage landscape continuing to transform at a rapid
pace, Nestlé has been innovating and making strategic changes to the
business over the past five years. This move is the next step in our
evolution,” said Paul Grimwood, Chairman and CEO of Nestlé USA. “We
carefully considered a number of options and Arlington hits all the
marks. 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.”

Currently, 75 percent of Nestlé USA’s factories and 85 percent of its
top customers are located in the eastern half of the United States. In
addition, 80 percent of the company’s products are sold east of the
Mississippi River. With a majority of key regulatory groups and
non-government organizations pertinent to the business located in or
near the Washington, D.C. area, the move will further facilitate
important conversations about bringing the best foods and beverages to
U.S. consumers.

Nestlé worked closely with Virginia leaders to confirm the move to 1812
North Moore Street in Rosslyn, Virginia, part of Arlington County. The
tallest building in the metropolitan D.C. area, the location will become
home to Nestlé USA’s corporate functions, its Beverage and Confections &
Global Foods divisions, as well as its expanding eBusiness team, Center
for Marketing Excellence and team of nutrition experts. Virginia offers
a business-friendly environment and a strong talent pipeline with deep
experience in innovation. The area also offers great quality of life for
current Nestlé employees who are making the transition. The move will
commence later this year, with completion expected by the end of 2018.

In addition to relocating its U.S. corporate headquarters, Nestle USA
will move its Technical & Production organization and Supply Chain teams
to join the Nestlé Prepared Foods, Pizza, Baking and Professional
businesses in Solon, Ohio. The company has established Solon as its
Center of Excellence for its frozen and chilled foods businesses, with
major brands that lead their categories, and as the site for its $50
million investment in the global Nestlé Development Center, dedicated to
transforming the way the world enjoys frozen and chilled foods.

While transitioning Nestlé USA from its current home in Glendale,
California, Nestlé remains committed to California, with approximately
5,500 employees across the state and more than $800 million in goods and
services purchased each year. Businesses including Nestlé Dreyer’s Ice
Cream, Nestlé Purina PetCare and Nestlé Waters North America maintain
nine manufacturing facilities in California.

“Nestlé is proud of our American heritage. Many of our brands have been
staples in Americans’ kitchens for decades, from evaporated milk and
chocolate to coffee and tea to prepared foods and pizza,” said Grimwood.
“With 87 manufacturing facilities across the U.S., we source ingredients
and make our foods and beverages as close to the consumer as possible.
This is an integral element of our Creating Shared Value strategy. Our
growth over the past 150 years has enabled us to improve the lives of
millions of people through the products and services we provide,
employment opportunities, our supplier networks and the economic
contributions we make here in the U.S.”

Additionally, Nestlé’s U.S. IT organization will centralize in St.
Louis, MO, which is also home to Nestlé Purina PetCare’s U.S.
headquarters, to drive efficiency across Nestlé’s U.S. operations. As
the company looks to the future, it will continue to demonstrate its
commitment to the United States as a key growth market.

Nestlé in the United States is committed to enhancing quality of life
and contributing to a healthier future for individuals and
families, for our thriving and resilient communities, and for the
planet. Its diverse portfolio of foods and beverages provides nutritious
options for every member of the family, and supports both the first
1,000 days of life and healthy aging for people and pets. Nestlé in the
U.S. consists of eight main businesses: Nestlé USA, Nestlé Purina
PetCare Company, Nestlé Waters North America, Nestlé Nutrition, Nestlé
Professional, Nespresso, Nestlé Skin Health and Nestlé Health Science.
Together, these companies operate in more than 120 locations in 47
states and employ over 51,000 people. In the U.S., Nestlé product sales
topped $26 billion in 2015, making it the largest Nestlé market in the
world.

Nestlé has been recognized as a member of the MIT Technology Review’s
“Smartest Companies,” the top food company on Fortune’s “Change
the World” List and the top food company on the Dow Jones Sustainability
Index.

About Nestlé USA

Named one of “The World’s Most Admired Food Companies” in Fortune
magazine for nineteen consecutive years, Nestlé provides quality brands
that bring flavor to life every day. From nutritious meals with LEAN
CUISINE® to baking traditions with NESTLÉ® TOLL HOUSE®, Nestlé USA makes
delicious, convenient and nutritious food and beverage products that
make good living possible. That’s what “Nestlé. Good Food, Good Life” is
all about. Well-known Nestlé USA brands include: NESTLÉ® TOLL HOUSE®,
NESTLÉ® NESQUIK®, NESTLÉ® COFFEE-MATE®, STOUFFER’S®, LEAN CUISINE®, HOT
POCKETS® and LEAN POCKETS® brand sandwiches, NESCAFÉ® and NESCAFÉ
CLASICO™, BUITONI®, SKINNY COW®, DREYER’S/EDY’S®, NESTLÉ® CRUNCH®,
NESTLÉ® BUTTERFINGER® and DIGIORNO®. Nestlé USA, with 2015 sales of $9.7
billion, is part of Nestlé S.A. in Vevey, Switzerland the
world’s largest food company, with a commitment to Nutrition, Health &
Wellness with 2015 sales of $92 billion. For product news and
information, visit NestleUSA.com
or Facebook.com/NestleUSA.

Contacts

Nestlé USA
Edie Burge, 818-551-3284
edie.burge@us.nestle.com
or
Intermarket
Communications

Jade Faugno, 212-754-5425
jfaugno@intermarket.com

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