Myrtle Beach – A Pepsi distributor will be the first company to move into a new commerce park in North Myrtle Beach.
Pepsi Bottling Ventures LLC (PBV) on Thursday announced plans to leave its Conway warehouse for the Palmetto Coast Industrial Park on Water Tower Road. The company is investing more than $15 million in a new 164,850-square-foot distribution hub. The expansion will keep 146 jobs in Horry County and create 27 positions.
"We are committed to the community of North Myrtle Beach and are excited about the opportunities this investment will bring to our customers, consumers and partners in the region," PBV President Derek Hill said in a prepared statement. "We thank the city of North Myrtle Beach and its leadership for their support and look forward to serving the community for years to come. We’re excited to be here and play a role in the city’s future growth.”
With 19 facilities in Virginia, Maryland, Delaware and the Carolinas, PBV is the largest privately-held distributor, manufacturer and seller of Pepsi products in North America, according to a news release from the company. PBV has operated out of its current warehouse in Conway since 2009.
A groundbreaking at the North Myrtle Beach site is scheduled for January and building is expected to be finished by late 2023. PBV plans to fill the new positions over the next five years.