Manufacturers across the country continue to enjoy record-high optimism and are expanding at an exciting clip. This week, both the New York Federal Reserve and the Philadelphia Federal Reserve reported continued healthy gains in manufacturing activity, and with tax reform and other pro-growth policies coming from Washington, manufacturers feel the wind is at their backs.
A major food manufacturer based in Tennessee is the latest manufacturer to move forward with an exciting expansion.
Texas-based rice manufacturer Riviana Foods is partnering with Ebrofrost to build a new $3.1 million warehouse at its facility in Memphis, Tennessee, to meet increasing production and demand:
The Riviana Foods rice plant in South Memphis keeps expanding like dry rice in boiling water. But this time the growth involves the frozen rice and pasta products of Riviana’s sister company, Ebrofrost North America.
A new application for a construction permit shows that Riviana plans $3.1 million worth of site work in the complex it shares with Ebrofrost at 2360 Prospect/2314 Lauderdale, which is just southwest of the city’s Links at Pine Hill golf course.
The site work is part of the second phase of a $26.5 million project to build facilities in which Ebrofrost will process, package and distribute frozen rice and pasta.
The Memphis complex is already one of the largest rice manufacturing plants in the world and employs more than 300 workers. According to Riviana, the latest expansion will create 19 new jobs, which will pay an average of $60,654 a year.
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