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Red River Foods Invests $15.5M in Virginia Expansion
Red River Foods is poised to invest $15.5 million into its Henrico County, Va., headquarters, according to Governor Glenn Youngkin’s office. The project is expected to centralize much of Red River’s processing capabilities in Virginia.
With Cocoa Prices In Chaos, Mid-Day Squares Buys in Bitcoin
Canadian chocolate bar brand Mid-Day Squares announced on social media it has begun buying cocoa from international suppliers using Bitcoin, with co-founder Nick Saltarelli stating that traders in many countries now “trust this method of payment more than fiat” currencies issued by governments.
Once Again Aims To ‘Remain Competitive’ With Big Tree Acquisition
Once Again has added manufacturing muscle and additional ingredients to its portfolio with its latest acquisition as the company seeks to remain competitive both as a B2B supplier and standalone CPG brand.
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FiveStar Gourmet Foods Expands to East Coast With New Manufacturing/Distribution Facility
FiveStar Gourmet Foods, an Ontario, California-based provider of fresh and frozen prepared foods, is expanding to the East Coast with a $20 million investment in a food manufacturing and distribution operation near Naples, Fla.