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
Germany-Based ZEISS Expands Chesterfield, Missouri, Research-Production Operations
10/04/2024
Piramal Pharma Solutions Expands Lexington, Kentucky, Operations
10/04/2024
G&H Decoys Plans Corning, Arkansas, Headquarters-Manufacturing Operations
10/04/2024
Britain-Based Ultimate Defense Technologies Establishes Billings, Montana, Operations
10/04/2024
Google Plans Dorchester County, South Carolina, Data Center Operations
10/04/2024
Sirius Analysis Plans Virginia Beach, Virginia, Headquarters
10/04/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Challenge of Securing Sufficient Electrical Power for Battery Cell Plants
Q3 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Semiconductors’ Fragile Relationship With Water May Be Tested
Q3 2024