Coffee Holding Company Announces the Upcoming Closing of its Comfort Foods Manufacturing Facility in North Andover, MA
Coffee Holding (Nasdaq: JVA) announced it will close its Comfort Foods manufacturing facility in North Andover, Massachusetts at the end of October 2025 and transfer production to the Second Empire facility in Port Chester, New York.
The Comfort Foods assets were bought in 2017 for $2mm. Management cited a steady decline in sales for the Harmony Bay product line and reduced regional shelf space, which caused a substantial decrease in Comfort Foods profitability. The company expects operational and logistical efficiencies and roughly $700k of annualized net overhead savings after consolidation.
Coffee Holding (Nasdaq: JVA) ha annunciato che chiuderà il suo stabilimento di produzione di Comfort Foods a North Andover, Massachusetts, entro la fine di ottobre 2025 e trasferirà la produzione allo stabilimento Second Empire a Port Chester, New York.
Le attività di Comfort Foods sono state acquisite nel 2017 per $2mm. La direzione ha citato un costante calo delle vendite per la linea Harmony Bay e una riduzione dello spazio sugli scaffali regionali, che ha causato una notevole diminuzione della redditività di Comfort Foods. L'azienda prevede efficienze operative e logistiche e circa $700k di risparmi annui netti sulle spese generali dopo la consolidazione.
Coffee Holding (Nasdaq: JVA) anunció que cerrará su instalación de fabricación de Comfort Foods en North Andover, Massachusetts, a finales de octubre de 2025 y transferirá la producción a la instalación Second Empire en Port Chester, Nueva York.
Los activos de Comfort Foods fueron comprados en 2017 por $2mm. La dirección citó una caída constante en las ventas de la línea de productos Harmony Bay y una reducción del espacio en estanterías regionales, lo que provocó una disminución sustancial en la rentabilidad de Comfort Foods. La empresa espera eficiencias operativas y logísticas y aproximadamente $700k de ahorro neto anualizado en gastos generales tras la consolidación.
Coffee Holding (Nasdaq: JVA)은 2025년 10월 말까지 매사추세츠주 노스앤도버에 있는 Comfort Foods 제조 시설을 폐쇄하고 생산을 포트 체스터, 뉴욕의 Second Empire 시설로 이전할 것이라고 발표했습니다.
Comfort Foods 자산은 2017년에 $2mm에 인수되었습니다. 경영진은 Harmony Bay 제품군의 판매가 꾸준히 감소하고 지역 매대 공간이 축소되어 Comfort Foods의 수익성이 크게 감소했다고 밝혔습니다. 회사는 통합 후 운영 및 물류 효율성을 기대하며 연간 순 고정비 약 $700k를 절감할 것으로 추정합니다.
Coffee Holding (Nasdaq: JVA) a annoncé qu'il fermerait son usine de fabrication de Comfort Foods à North Andover, Massachusetts, d'ici la fin octobre 2025 et transférerait la production vers l'installation Second Empire à Port Chester, New York.
Les actifs de Comfort Foods ont été achetés en 2017 pour $2mm. La direction a évoqué une baisse constante des ventes de la ligne Harmony Bay et une réduction de l'espace sur les rayons régionaux, ce qui a entraîné une diminution substantielle de la rentabilité de Comfort Foods. L'entreprise anticipe des gains d'efficacité opérationnelle et logistique et environ $700k d'économies annuelles nettes des frais généraux après la consolidation.
Coffee Holding (Nasdaq: JVA) gab bekannt, dass es sein Comfort Foods-Herstellungswerk in North Andover, Massachusetts, bis Ende Oktober 2025 schließen und die Produktion auf die Second Empire-Anlage in Port Chester, New York, verlegen wird.
Die Comfort Foods-Assets wurden 2017 für $2mm gekauft. Das Management führte einen stetigen Rückgang der Verkäufe der Harmony Bay-Produktlinie und eine Reduzierung der regionalen Regalfläche an, was zu einer deutlichen Verringerung der Rentabilität von Comfort Foods führte. Das Unternehmen rechnet mit operativen und logistischen Effizienzsteigerungen und etwa $700k jährlichen Netto-Overhead-Einsparungen nach der Konsolidierung.
Coffee Holding (Nasdaq: JVA) أعلنت أنها ستغلق مصنع منتجات Comfort Foods في North Andover, Massachusetts بنهاية أكتوبر 2025 وتنقل الإنتاج إلى منشأة Second Empire في Port Chester, New York.
تم شراء أصول Comfort Foods في عام 2017 بمبلغ $2mm. وأشارت الإدارة إلى انخفاض مستمر في مبيعات خط Harmony Bay وعدم وجود مساحة كافية على الرفوف الإقليمية، مما أدى إلى انخفاض كبير في ربحية Comfort Foods. وتتوقع الشركة كفاءات تشغيلية ولوجستية تقريبًا $700k من وفورات صافية سنوية في النفقات العامة بعد الدمج.
Coffee Holding (Nasdaq: JVA)宣布将于 2025 年 10 月底关闭其 North Andover, Massachusetts 的 Comfort Foods 制造工厂，并将生产转移到 Port Chester, New York 的 Second Empire 工厂。
Comfort Foods 资产于 2017 年以 $2mm 收购。管理层表示 Harmony Bay 产品线的销售持续下降以及区域货架空间减少，导致 Comfort Foods 的盈利能力显著下降。公司预计合并后将实现运营与物流效率，并实现约 $700k 的年度净间接费用节省。
- Expected annualized overhead savings of approximately $700k
- Consolidation of East Coast production into Port Chester facility
- Comfort Foods assets acquired for $2mm in 2017
- Steady decline in sales for the Harmony Bay product line
- Substantial decrease in Comfort Foods profitability impacting recent results
Insights
Closing North Andover facility to consolidate production into Second Empire aims to save costs but carries execution risks.
The company will close the Comfort Foods North Andover, Massachusetts manufacturing facility at the end of the month and move all production into the Second Empire facility in Port Chester, New York; management cites improved manufacturing and logistical efficiencies and expects eventual annualized net overhead savings of
Key dependencies include a smooth physical transfer of production, preserved product quality and customer contracts, and realizing the stated overhead savings without unexpected integration costs. Risks include potential short-term disruption to private label and retail supply, loss of East Coast manufacturing redundancy, and any one-time closure costs not quantified in the release.
Watch for confirmation of production transfer milestones and any disclosed one-time closure charges or workforce actions within the next 30–90 days; monitor reported quarterly results for realized operational savings and margin impact in the following fiscal quarter.
STATEN ISLAND, New York, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Coffee Holding Co., Inc. (Nasdaq: JVA), (the “Company,” “our” or “we”) announced that the Company will be closing its Comfort Foods North Andover, Massachusetts manufacturing facility at the end of the month.
This facility was acquired in 2017 as the key component to the transaction that resulted in the Company purchasing the assets of Comfort Foods, which then became a
“The Comfort Foods acquisition was initially viewed by us as a long-term strategic need for our company” said Andrew Gordon, President and CEO of the Company.
“After closing our Brooklyn, New York facility in 2009 and moving all production to our larger facility in Colorado, we knew we would eventually need to have production capabilities on the East Coast in the future in order to remain competitive for the business opportunities which could not be serviced efficiently from a logistical and profitability standpoint from the West Coast.”
“Comfort Foods opened the door to this opportunity for a nominal price. We acquired a “turn-key”, first class manufacturing facility, an established customer base and a well-established regional brand, Harmony Bay, for
Once again, roasting and manufacturing on the East Coast proved to be a winning strategy as we reestablished relationships with many large East Coast supermarket chains whose sales became the main component of our rebound in our annual revenues, which had been steadily declining for a number of years.
However, as the coffee industry continues to evolve, we began to experience a steady decline in sales for the Harmony Bay product line, similar to what most regional brands have experienced. This is due to the fact that major supermarket chains have reduced shelf space that was once allocated to regional brands in order to accommodate the few remaining national brands, and the advertising dollars supporting them. This has resulted in a substantial decrease in our profitability at Comfort Foods which has impacted our overall results over the last few years. But we still relied on the facility for the production of products for our new private label customers, as well as our increased sales levels of both Café Caribe and Café Supremo Espressos.
With the recent acquisition of Empire Coffee Company through Second Empire and its successful integration into our business, we believe that we can close the Massachusetts production facility and move all production into our Second Empire facility located in Port Chester, New York.
This transfer of production location will improve efficiencies by providing us with both manufacturing and logistical cost savings. We believe that these operational improvements should have a positive effect on profitability.
Also, by not operating redundant manufacturing facilities on the East Coast and transferring all private brand, Harmony Bay, Café Supremo and Café Caribe production to the Second Empire facility we expect to eventually realize additional annualized net savings on overhead of approximately
About Coffee Holding
Founded in 1971, Coffee Holding Co., Inc. (NASDAQ: JVA) is a leading integrated wholesale coffee roaster and dealer in the United States and one of the few coffee companies that offers a broad array of coffee products across the entire spectrum of consumer tastes, preferences and price points. Coffee Holding’s product offerings consist of eight proprietary brands, each targeting a different segment of the consumer coffee market as well as roasting and blending coffees for major wholesalers and retailers throughout the United States who want to have products under their own names to compete with national brands. In addition to selling roasted coffee, Coffee Holding also imports green coffee beans from around the world, which it resells to smaller regional roasters and coffee shops around the United States and Canada.
Forward looking statements
Any statements that are not historical facts contained in this release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including the Company’s outlook on the revenue growth. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. We have based these forward-looking statements upon information available to management as of the date of this release and management’s expectations and projections about certain future events. It is possible that the assumptions made by management for purposes of such statements may not materialize. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, hedging activities, the effect of economic conditions (including tariffs), intellectual property rights, the outcome of competitive products, risks in product development, the results of financing efforts, the ability to complete transactions and other risks and uncertainties described in the “Risk Factors” section of documents filed by the Company from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.
Company Contact
Coffee Holding Co., Inc.
Andrew Gordon
President & CEO
(718) 832-0800
FAQ
Why is Coffee Holding (JVA) closing the North Andover, MA Comfort Foods facility on October 2025?
Where will JVA move Comfort Foods production after the North Andover closure?
How much did Coffee Holding pay for the Comfort Foods assets and when was the acquisition?
What cost savings does JVA expect from closing the North Andover facility?
Will the North Andover facility closure affect JVA's private label and Café brands production?
