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January 10, 2020

Blount Fine Foods acquires new US plant

Blount Fine Foods, a US-based manufacturer of soups, entrées and side dishes, has expanded its production with a new factory.

By Dean Best

Blount Fine Foods, a US-based manufacturer of soups, entrées and side dishes, has expanded its production with the purchase of a new plant in Portland, Oregon.

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What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
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The site, previously under the ownership of Harry’s Fresh Foods, is located on Riverside Parkway and will provide an additional 80,000 square feet of capacity. The family-owned business, which serves the retail and foodservice channels, and also offers a private-label service, already has three other plants in Fall River, Massachusetts, Warren in Rhode Island, and McKinney in Texas. 

Around 50 new jobs are expected at Portland when the facility opens in the second half of the year, with six due to relocate from other sites, including Douglas Gregoire, who will be general manager of the factory. It is envisaged the plant will be fully operational some time next year, when the head count will rise to 150.

Blount Fine Foods said it has also entered an agreement with an unnamed third-party logistics partner to provide further distribution for its products. The company has three other such ventures in Taunton, Massachusetts, Fort Worth, Texas, and Atlanta, Georgia, with another two planned this year in Oregon and the Midwest. 

Todd Blount, president and chief executive, said: “Market demand for all soups, but especially our premium soups, continues to increase, with flavours, sizes, and eating occasions creating more opportunity for our customers. Adding this facility meaningfully rounds out our nationwide network of plants and distribution points and allows us to get the best ingredients to the ideal plant, and then ship the highest-quality product on to the customer in the most efficient manner possible.”

Founded in 1946, Blount Fine Foods will invest US$25m in Portland for new processing equipment. The company’s fresh soup and entrées brands include Legal Sea Foods, Panera at Home, Blount’s Family Kitchen and Blount Clam Shack brands. In 2016, the business acquired Texas-based company Food Source.

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Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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