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.”
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