US: ConAgra pumps US$9m into Indiana popcorn facility expansion
Conagra Foods is investing US$8.9m into an expansion of its popcorn-making facility
US food manufacturer ConAgra Foods is to pump US$8.9m into expanding its Indiana popcorn facility - a move which will see 80 new jobs created by next year.
The expansion at the Rensselaer site is expected to begin in August this year, with work anticipated to be complete by early next year.
According to governor Mike Pence, Indiana is "the second leading popcorn-producing state in the nation."
ConAgra was awarded up to US$810,000 in conditional tax credits based on its job creation plan.
"Expanding our operations in Indiana will help us meet the needs of our customers and operate as effectively and efficiently as possible," said Mike Tracy, senior vice president of supply chain. "We are pleased with the state and local partnerships we have developed and we look forward to working together in the future."
ConAgra Foods, Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. ConAgra Foods, Inc. - SWOT Analysis examines the company’s key business struc......
Project Synopsis: MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth act......
Nestle came under investor scrutiny last week after its sales missed analyst expectations - with China a central factor. Elsewhere, we looked at the international strategy of one of China's largest fo...
Synopsis Canadean's "ConAgra Foods, Inc. : Consumer Packaged Goods - Company Profile, SWOT & Financial Report" contains in depth information and data about the company and its operations. The profile ...
In 2012 ConAgra Foods Inc unveiled its “Recipe for Growth”, and since then the company has achieved growth through the acquisition of Unilever’s PF Chang’s and Bertolli frozen ready meal brands, and t...
- Focus: Danone CEO Faber puts stamp on business
- Cleaning up Tesco will have mixed supplier impact
- The just-food interview: Doux CEO Arnaud Marion
- General Mills US "priority" categories gain share
- 2015 preview: A better deal for M&A sellers
- General Mills outlines "aggressive" NPD drive
- Coles supplier payments broke competition law
- Lay's heads "billionaire food brands" list
- PepsiCo opens snacks plant in Saudi Arabia
- Wessanen to buy dairy-free drinks firm Abafoods