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.
The company also is expanding its St. Louis facility.
December 9, 2019
MarketPlace, a strategic partner to food and beverage and other brands and businesses, announced several facility, staff and industry growth efforts, including the opening of its first satellite location in Orange County, Calif.
The ingredient company met with a congressman and business leaders to discuss tax reform benefits and workforce development priorities for securing Illinois’ economic prosperity.
July 5, 2018
The ingredient company met with a congressman and business leaders to discuss tax reform benefits and workforce development priorities for securing Illinois’ economic prosperity.