Campbell Soup Company Expands Richmond, Utah, Baking Operations
03/17/2024
The investment will include a new production line that will increase the output of Goldfish by 50% as well as the construction of an onsite flour mill that will be separately owned and operated.
“We’re thrilled to be investing in our Richmond bakery to support the growth of our business and the community,” said Chris Foley, executive vice president of Campbell Soup Company and president of Campbell’s Snacks. “We appreciate the support from the state and look forward to seeing the positive impact this project will have on the local economy.”
The Utah Governor’s Office of Economic Opportunity awarded Campbell Soup Company subsidiary, Pepperidge Farm Inc., a post-performance tax reduction for the project. The corporate incentive is part of the state’s Rural Economic Development Tax Increment Financing (REDTIF) program.
“Pepperidge Farm has been a long-standing pillar in the food industry in northern Utah, and we’re pleased to see the company expand its footprint,” noted Ryan Starks, executive director of the Utah Governor’s Office of Economic Opportunity. “Utah has a diverse and thriving agricultural landscape where companies like Pepperidge Farm can leverage local resources and producers. This expansion will continue to foster partnerships within the local supply chain, create many new jobs, and support the economy in rural Utah.”
Project Announcements
US Forged Rings Plans Hertford County, North Carolina, Steel Component Operations
03/02/2026
South Korea-Based Hanjung America Plans Huntington, Indiana, Manufacturing Operations
03/02/2026
Faith Technologies Plans Opelika, Alabama, Manufacturing Operations
03/01/2026
TaylorMade Golf Expands Vanderburgh County, Indiana, Distribution Operations
03/01/2026
Sediver USA Expands West Memphis, Arkansas, Operations
03/01/2026
Carpenter Pole and Piling Expands Wiggins, Mississippi, Operations
03/01/2026
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Speed Built In—The Real Differentiator for 2026 Site Selection Projects
Q1 2026
-
Preparing for the Next USMCA Shake-Up
Q4 2025
-
The New Industrial Revolution in Biotech
Q4 2025
-
Strategic Industries at the Crossroads: Defense, Aerospace, and Maritime Enter 2026
Q1 2026
-
The Skilled Trades Are Ready for a Digital Future
Q4 2025
-
Amazon’s First Mass Timber Delivery Station Tests the Future of Low-Carbon Logistics
Q4 2025