The investment will more than double the site's granola packaging capabilities, enabling Richardson to increase production and better meet evolving customer needs.
The new facility is to integrate design engineering, manufacturing, assembly, quality control, shipping and other operations under one roof for greater production efficiency.
The 16,000-sq.-ft. space includes an upstairs lab area and a blending facility, enhancing the company’s capabilities in applications development, custom blending and packaging services.
The second phase of Rich’s plant expansion is supported by National New Markets Fund, LLC, which will invest $17.5 million of its New Markets Tax Credit allocation.