RICHMOND, Va. – Philip Morris USA (PM USA) today announced it intends to invest over $50 million to establish a tobacco leaf storage warehouse complex on 118 acres in Chester, Virginia. PM USA will lease four buildings totaling 1 million square feet off of Bermuda Hundred Road in the Meadowville area of Chesterfield County, just outside of Meadowville Technology Park and close to their Park 500 tobacco processing facility.
PM USA is developing the new warehouse complex to store raw materials used in making its tobacco products. The warehousing complex will complement PM USA’s existing leaf storage warehouses in the Richmond area.
“This new PM USA facility will be a welcome addition to our corporate community and once again indicates Chesterfield’s commitment to providing a business friendly environment,” said James Holland, Chairman of the Chesterfield County Board of Supervisors. Continue reading