Cokeva to move 270 employees to Roseville
Cokeva, Inc., has announced that it has closed on the purchase of the Hewlett Packard “R10” building in Roseville.
The facility at 9000 Foothills Blvd., was originally part of the HP campus. The 326,000-square-foot facility is located on 57 acres and has sat vacant since 2007.
Founded in 1989, Coveka provides third-party technical repair and supply chain solutions for major OEMS (original equipment manufacturers). Cokeva has been in continuous operation in Placer County since 1996 and employs about 270 employees at its current facility in the Rocklin area.
“The city of Roseville worked diligently with our company to make it easy for us to stay in the area,” said Ann Nguyen, Cokeva’s founder and CEO. “The purchase of the HP building provides the facilities needed to support the company growth and reaffirms our commitment to the greater Sacramento area.”
Cokeva is currently located in the Ace Hardware distribution center, in space they have leased since moving to Rocklin from Lincoln more than 10 years ago. Ken Ueltzen, vice president of business development, said he expects to move to take place early next year.
“The building is nice in that it’s a big building, and it also has all of the necessary things that we need for our business,” he said. “No. 1, it has sufficient space to hold inventory. It has sufficient space to do the repairs – we call it ‘lab space,’ where people are actually finding the faulty component and repairing it.”
Rocklin Mayor Brett Storey explained that while Cokeva has a Rocklin ZIP code, it is located in the unincorporated area of Placer County known as the Sunset Industrial Park. Storey added that the city of Rocklin did make a pitch to have Cokeva come to the city, but their needs were so large and diverse that no building that fit their needs was available here.
“While we always want to attract and keep business in Rocklin, I am glad to see they are staying in south Placer County, where people can live and work in this wonderful area,” Storey said. “More than likely, several of the employees live in Rocklin and can now keep their homes and stay in our area.”
The Roseville site comprises two large building with a couple of breezeways, and Ueltzen said Cokeva will move into one half and lease the other.
Cokeva’s 270 employees travel from as far away as Yuba City and Elk Grove to work, which is why it was important for the company to stay in the Sacramento area.
“We worked with the city of Roseville, and they were just fantastic,” Ueltzen said. “We let them know that we were looking for space and the city manager and everybody else came out and just really lent us a huge hand.”