Snack food maker Shearer’s Foods has been sold to Wind Point Partners, a Chicago-based private equity firm. Shearer’s founding family will step down from their leadership positions, and C.J. Fraleigh will join the company as chairman and CEO. The company’s headquarters will remain in Ohio.
Statco Engineering announced the appointment of Jack Jordan as vice president of business development and national sales. Jordan will be responsible for growing Statco’s systems business with national food, dairy and beverage processors in North America.