Post Holdings is investing US$85m to build an eggs and pre-cooked meat facility for its Michael Foods unit in Norwalk, Iowa.

Work on the plant is expected to start this summer and when completed will initially create 100 to 150 jobs ranging from entry-level to managerial, operations, finance and production, according to a statement on Friday (16 February).

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Michael Foods, based in Minnetonka, Minnesota, is the largest processor of value-added eggs in the US.

Rob Vitale, president and chief executive of Post Holdings, said: “We are delighted that the internal growth at Michael Foods supports this expansion. We believe it will further enhance our position as the nation’s leader in valued-added egg products.” 

“We looked at numerous locations in the Mid-west, and Norwalk had many advantages,” added Steve Schonhoff, senior vice president of integrated supply chain. “We look forward to Michael Foods becoming a preferred employer in the area and being part of the community.” 

See Also:

US-based breakfast cereal, sports nutrition and eggs supplier Post Holdings announced last September that it was buying local chilled and frozen food maker Bob Evans Farms in a deal worth $1.5bn.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In January this year, the company said it planned to “explore a range of strategic alternatives” for its private-label business, which manufactures nut butter, pasta, granola and dried fruits and nuts for retailers, distributors and manufacturers.

The alternatives include a public share offering, a placement of private equity, a sale of the assets or a combination with another business, the group said.