Reser’s Fine Foods Expands Halifax County, North Carolina, Operations
Area Development News Desk
Reser’s Fine Foods will invest $3.2 million to expand its current operations in Halifax County, North Carolina. The company plans to create 79 jobs over the next 5 years.
“Our tortilla business continued to grow in the Eastern United States over the past 9 years, and it became clear we needed to invest to support both current and future demand in this region,” says Reser’s Fine Foods CEO Mark Reser.
“The One North Carolina Fund grant, along with the continued support of N.C. Commerce and the Economic Development Partnership of N.C., made the choice to invest here in Halifax an easy one. We will expand capacity by investing in new equipment at our existing plant, and increase the site’s workforce by nearly 40% over the next five years,” he added.
As an incentive a performance-based grant of $250,000 from the One North Carolina Fund will help facilitate Reser’s expansion in Halifax County. The One NC Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All One NC grants require a matching grant from local governments and any award is contingent upon that condition being met...