Campbell's Announces $50M Renovation, Consolidation At Camden Campus

CAMDEN, NJ — Campbell Soup Company plans another major investment in its Camden campus, as it consolidates offices out-of-state and prepares for the arrival of new employees.

Over the next three years, Campbell says, it will invest about $50 million to enhance facilities in Camden. The company announced plans to consolidate its Snacks offices in North Carolina and Connecticut, moving 330 roles to the South Jersey headquarters.

Construction is expected to begin in March, with other changes including a new campus center and updated cafe, as well as a state-of-the art space for marketing and research/development teams in Snacks to work.

It's the first major investment in the 1 Campbell Place campus since 2010; Camden has been the company's home since 1869, and in this current location since 1957.

Consolidation will save the company $10 million annually by fiscal year 2026, the company said.

Campbell's brand includes Cape Cod, Goldfish, Kettle Brand, Lance, Late July, Milano, Pace, Pacific Foods, Pepperidge Farm, Prego, Snyder’s of Hanover, Swanson and V8. Its two divisions, Snacks and Meals & Beverages, will each have distinct "neighborhoods" on the campus "that celebrate and support their respective identities and business focus," the company said.

“We are thrilled to invest in our people, our facilities and our Camden community, which Campbell has called home for more than 150 years,” said Campbell’s President and CEO Mark Clouse in a statement. “We remain committed to our two-division operating model and are confident that being together in one headquarters is the best way for us to continue building a culture that unlocks our full growth potential. This investment will ensure Campbell remains a great place to work and a compelling destination for top talent.”

Team members in Charlotte, N.C. and Norwalk, Conn. who choose to relocate to Camden will do so in phases starting in mid-2023, the company said. Campbell will continue operating its Pepperidge Farm bakery in Connecticut and two sites in North Carolina.

“We have a long history in Connecticut and North Carolina and will continue to have key operations in both states,” said Clouse. “The decision to close these offices was difficult but it is the right thing to do for our business and culture. Unifying the company in one headquarters increases connectivity, collaboration and provides enhanced career opportunities for our team.”

Campbell also plans to remodel its Dorrance Center to hold larger meetings and special events. See proposed designs for the conference center, and other changes to the campus here.

“Campbell is an iconic New Jersey company, and I’m pleased with their commitment to invest and grow in our state,” said NJ Gov. Phil Murphy. “This plan will create jobs, stimulate economic development, and strengthen Campbell’s roots in Camden where their efforts have played an essential role in the continued transformation of the city.”