To support this momentum, Crispy Green has secured an additional unit in a neighboring building, providing expanded warehouse capacity and a new office space.
Rise Baking Company says the acquisition is expected to expand its product offering and manufacturing capabilities as well as add customer reach in the Northeast.
The company has installed a second production line and nine additional ovens, increasing production from approximately 16,000 cracker packages per day to as many as 32,000 packages daily.
The funding will go toward construction and contract management, the delivery of key process equipment, installation, commissioning and production ramp-up prior to the start of mass production of Solein protein powder.
The Cheonan facility is scheduled for completion in the first half of 2027, and bibigo offerings made with gim, a Korean seaweed product, will be supplied to global markets including the U.S.
Cargill says the investment enhances its operational and research capabilities, as well as its ability to serve growing demand for edible oils, premium chocolate products and customer-led innovation.