Tata opens roasting plant in India to supply Starbucks
The facility will supply Starbucks stores in India and eventually in other countries.
Seattle Times business reporter
The Tata Group, Starbucks’ corporate partner in India, opened a roasting and packaging plant there this week that will supply the café chain in India and eventually in other countries.
It is the only roasting facility not owned by Starbucks to roast coffee for Starbucks shops. The chain owns one roasting facility overseas, in Amsterdam, and four in the United States, in Kent; Sandy Run, S.C.; Carson Valley, Nev.; and York, Pa.
The India plant is owned by Tata, an Indian conglomerate that also half-owns Starbucks’ shops in India. Tata is one of Asia’s largest coffee growers.
The new 8,258-square-foot facility is in Kushalnagar, in India’s Coorg coffee region, several hours outside of Bangalore.
Starbucks also said Friday it has renewed an unsecured revolving line of credit, increasing its borrowing capacity from $500 million to $750 million. The new line of credit comes will mature on Feb. 5, 2018.
Starbucks ended 2012 with $1.9 billion in cash.
Melissa Allison: 206-464-3312 or email@example.com. Twitter @AllisonSeattle.
This article, originally published Feb. 8, 2013, was corrected Feb. 15, 2013. It initially said Starbucks opened a roasting plant in India. The plant is actually owned by Starbucks’ corporate partner, Tata, and will provide coffee to Starbucks.