Stir Foods, a US own-label and contract manufacturer of sauces, dressings and condiments, is to spend US$4m on expanding a facility.
The company, owned by private-equity firm Wind Point Partners, is to add new machinery and equipment to increase production at its 100,000 sq ft plant in Lancaster, Pennsylvania.
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The move will see it retaining 51 jobs and creating 100 new, full-time positions over the next three years as the initiative will result in the need for a second shift at the facility.
Milt Liu, CEO of Stir Foods, said: “We plan to invest in Lancaster to grow the facility into one of our ‘flagship’ locations and appreciate the support that the state of Pennsylvania has offered us.”
The company received funding from the state’s Department of Community and Economic Development (DCED) for a $300,000 Pennsylvania First grant and a $150,000 workforce development grant to help the company train workers.
Stir Foods, bought by Wind Point in 2017, acquired the business and assets of Lancaster Fine Foods – including the plant – in March, expanding its private-label presence as a result.
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By GlobalDataThe deal came a year after it bought Canadian private-label and contract manufacturing business Celtrade.
