Del Monte Foods has announced plans to relocate its current San Francisco headquarters.
The US company said its headquarters will now be located at One Maritime Plaza, 300 Clay Street, continuing the tradition of maintaining its headquarters in the city.
With two offices in San Francisco, the company will be uniting its workforce into one location in a bid to centralise its operations.
"Bringing our San Francisco teams together under one roof is important for Del Monte and its continued growth, and a smart move for us to make financially given the opportunities provided by the current real estate market," said Rick Wolford, chairman and CEO of Del Monte Foods.
"This important step completes our plan to consolidate our headquarters office and marketing functions, to provide a centralized San Francisco location and to enhance our ability to execute our brand-focused strategy. San Francisco is a top US city which enables us to attract top talent and our new One Maritime offices will enhance team work, upgrade our executional efficiency and importantly, provide room to grow."
Del Monte's targeted occupancy date of One Maritime Plaza is early 2011. Around 400 employees will occupy 152,917 square feet of space among seven floors.
The company said it will provide Del Monte with numerous benefits including increased square footage, additional conference rooms to foster enhanced collaboration, an employee training centre to enable career development, and a physical fitness centre to support employees' healthy lifestyles.
Sectors: Fresh produce
Companies: Del Monte Foods
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