Del Monte Foods (DLM) Announces Plan to Relocate Headquarters
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Del Monte Foods (NYSE: DLM) announced plans to relocate its current headquarters within San Francisco to One Maritime Plaza at 300 Clay Street, continuing more than a 100 year old tradition of maintaining its headquarters in the city. In doing so, the Company, which currently has two offices in San Francisco, including its current headquarters at The Landmark building at One Market Street, will be uniting its San Francisco workforce into one location. Consolidating Del Monte's San Francisco offices builds upon the Company's recent actions to centralize the organization and will further support execution of the Company's accelerated growth strategy.
One Maritime Plaza is a premier building which will provide Del Monte with numerous benefits including increased square footage, additional conference rooms to foster enhanced collaboration, an employee training center to enable career development, and a physical fitness center to support employees' healthy lifestyles.
Del Monte's targeted occupancy date of One Maritime Plaza is early 2011. Approximately 400 employees will occupy 152,917 square feet of space among seven floors.
In addition to 27 manufacturing plants and distribution centers in the United States and three manufacturing plants in foreign locations, Del Monte also has 13 customer sales offices located across the country, an administrative office in Pittsburgh, PA, a sales operations office in San Ramon, CA, and research and development offices in Walnut Creek and Terminal Island, CA.
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