Schwan’s, a leading US based food company and CJ Foods subsidiary, has announced it has purchased a 142-acre site in Sioux Falls, SD to accommodate its new facility for the production of Korean-style foods under the Bibigo brand.
The new plant is set to manufacture a variety of Asian-inspired dishes, accompaniments, canapes, and starters.
The company also announced it would open a regional office in the centre of Sioux Falls to support the expansion, which is set to create up to 100 jobs.
Commenting on the move, Schwan’s incoming chief executive officer Brian Schiegg said: “Our investment in this world-class Asian-style food plant in South Dakota will help us strengthen our position in one of the fastest growing food categories in the United States”.
CJ Foods CEO Minsok Pak added: “The US market continues to deliver high growth for CJ Foods and the ability to continue to scale our portfolio of products to meet the growing consumer demand is vitally important to our strategy. This facility will enable us to further accelerate the growth of K-Food and other Asian cuisines”.
Source: Schwan’s