What's Happening?
Red River Foods, a supplier of specialty snacks, is investing $15.5 million to expand its headquarters in Henrico County, Virginia. The expansion will bring processing capabilities to Virginia, creating up to 23 new jobs. The company plans to pasteurize, roast, season, blend, and package products at the new facility, offering new snack mix products.
Why It's Important?
Red River Foods' expansion in Virginia highlights the state's growing role in the specialty food industry. The investment will boost local employment and contribute to the region's economic development. As the company enhances its processing capabilities, it may attract new customers and expand its market presence, impacting the specialty snacks sector.