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.
Same-store sales also grow, as well as new locations and flavors.
February 14, 2023
The company has now seen same-store sales growth in 39 of its last 41 quarters. It also expanded its introduction of third-party delivery and online ordering in select locations supported by a brand-new website and award-winning rewards program.
The sustainability-minded additions are LEED Gold-certified.
October 11, 2019
Synergy Flavors Inc., Wauconda, Ill., said it reinforced its position as an industry leader in corporate social responsibility with the recent completion of a sustainable expansion project at its U.S. headquarters and Innovation Center.
The company adds a pilot-scale spray dryer to its 5,000-square-foot development center.
August 11, 2017
Specialty Food Process Technologies adds a pilot-scale spray dryer to its 5,000-square-foot climate-controlled product development center in Middleton, Wis.