Milo's Tea plans $13m investment in operations
Milo's Tea announced plans to invest over $13 million in its operations in Bessemer, AL. The iced tea manufacturer will expand and improve the current manufacturing facility, as well as purchase an adjoining 3.3 acre site with a 25,000-square-foot building for additional cold storage and future growth. Milo's Tea hopes the expansion will meet the growing demand from clients in 38 states and should create 29 new jobs in the area. The company previously scrapped a $4.6 million expansion plan at the end of 2013, which would have created 24 jobs.