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The new manufacturing facility will produce Asian-style foods, primarily for Schwan's Korean food brand bibigo.

The facility can process up to one million pounds of local milk per day into shelf-stable and ESL milk and other liquid dairy products, many of which will be packaged in Tetra Pak cartons.

The company says it is investing in its manufacturing sites, leveraging its network of leading co-manufacturing partners, and closing inefficient sites and shifting production to more modern and effective plants.

1440 Foods offers a portfolio of foods and supplements that are designed to support muscle development, recovery and overall wellness goals.

Carolina Foods, a North Carolina-based bakery, officially opened its new, state-of-the-art facility in the Charlotte suburb of Pineville.

Construction of the new factory will start in fall 2024 and is set to conclude by the end of 2025.

Plans are to start construction on the expansion by Summer 2024 and be complete by the end of 2025.

The facility manufactures CAVA’s proprietary dips and spreads, including tzatziki, harissa and Crazy Feta, as well as select dressings.

The $75 million project is part of Ferrero's ongoing investment and expansion in the market.

The facility is capable of $40M in production capacity with the buildout to commence immediately and production expected to start in the third quarter.