Coastal Foods has sealed a multi-year co-manufacturing deal with an unnamed “large multi-national” baker.
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Coastal Foods manufactures fresh and frozen bakery products, including cookies, cakes and pies. The company said the deal would generate a revenue stream of almost US$5m annually.
“We are proud to be a part of our client’s long-range vision, producing a complete line of their products. This new line will be distributed to over 2,000 retail locations in the US,” Coastal Foods’ president, Bill Evans revealed.
