Pretzels, Inc., a leading manufacturer of pretzels and other snack products, plans to make a significant investment in the construction of a state-of-the-art production facility inside of VenturePark in Lawrence, Kansas.
The new 150,000-square-foot facility will create a significant number of new jobs and increase the company’s capacity across a range of products and formats and is expected to be operational in late 2021.
“We are very excited to expand our production footprint and to continue serving our customers with superior capabilities and geographic reach,” said Greg Pearson, CEO of Pretzels, Inc. “This new facility exemplifies Pretzels’ commitment to support the growth of our diverse and expanding customer base with industry-leading quality and efficiency across a variety of traditional and innovative products. We look forward to becoming a member of the community in Lawrence and the broader Kansas City metro area as we expand our operations and employee base.”
“I’m excited to announce the new Pretzels, Inc. facility putting down roots here in Kansas,” said Governor Laura Kelly. “This project will create good-paying jobs and generate a significant investment for Kansas. My administration is committed to rebuilding our state’s foundation by encouraging businesses like Pretzels, Inc. to choose Kansas.”
According to state officials, headquartered in Indiana, the company’s expansion into the Kansas City region allows it to better serve markets to the west and south.
“The decision for Pretzels, Inc. to locate its production facility in Lawrence reinforces our region’s position as a top location for food and beverage manufacturing,” said Tim Cowden, president and CEO of the Kansas City Area Development Council. “More than 600 food and beverage companies call the region home, and our KC SmartPort team will continue to elevate Kansas City’s proximity to agriculture markets, advanced logistics infrastructure and industry-specific talent as strategic advantages.”
Pretzels, Inc. is a portfolio company of an affiliate of Peak Rock Capital, a leading middle-market private investment firm. Pretzels has already substantially invested in its personnel, R&D capabilities, and manufacturing footprint, including a 120,000-square-foot expansion of the Plymouth, Indiana facility completed earlier this year.