Manufacturer of high-quality branded shelf stables and frozen products B&G Foods has announced the sale of its Portland facility to the Institute for Digital Engineering and Life Sciences.
The movement to sell the 13.5-acre waterfront property is part of B&G Foods plants to improve productivity and reduce overall costs.
“The Portland community has been the home to B&M for more than a century, and while this was a very difficult decision, we believe it is in the best interest for the future of Portland. We are confident The Roux Institute will build a new longstanding legacy on the property, one that will enrich Portland residents in new and exciting ways, and will endure as a force for good in the community for generations to come,” said Casey Keller, President and Chief Executive Officer of B&G Foods.
Source: Business Wire