The new facility, slated for completion in mid-2025, will expand the company’s floor space by 60%, and it will now be the largest manufacturing facility in Carol Stream, Ill., according to Frain.
National New Markets Fund (NNMF), an affiliate of Los Angeles-based SDS Capital Group, will invest $17.5M of its New Markets Tax Credit allocation to support the 150,000-square-foot expansion, which will increase Rich’s production capacity for its growing branded appetizer business.
The expansion of Rich’s Morristown facility will add 2,400 square feet of space, which will directly support enhanced production of its growing bakery business, serving national and regional grocery and club retailers.
Flavor producer is adding 35,000 square feet in Kalamazoo.
March 16, 2023
With the increased footprint, FlavorSum will build out more technical resources and capacity to meet the needs of small, mid-sized and emerging food and beverage companies, the company states.