VINELAND FOOD MANUFACTURER EXPANDING OPERATIONS

08 Mar, 2016

Project will create approximately 70 new jobs

VINELAND, NJ: Allied Specialty Foods is investing more than $14 million in a new 75,000 square foot facility located on 8.8 acres in the Vineland Industrial Park. The expansion is expected to add another 70 jobs to the

company’s 130 current employees.   The company’s existing facility includes

two sites totaling about 2.8 acres. Prior to the decision, they had been considering a relocation to Delaware.

“Allied Specialty Foods, Inc. has called the state of New Jersey home for more than 20 years, and we are thrilled that it will continue to be headquartered in Vineland for the next 20 years and beyond,” said Paul Litten, President and Operating Partner. “This new and larger location will become the headquarters and total operating plant for our company. The additional space will enable us to expand our ‘Individual Quick or Flash Freeze’ manufacturing operations and add cold and frozen storage space.”

“Our current Vineland facility has reached maximum capacity,” Litten continued. “We have already started purchasing new equipment, which is in addition to the $14 million investment. Once we are up and running in the new facility, we expect to be the number one steak sandwich supplier in the country.” Current plans are for the new site to be operational in the 4th quarter of 2016.

As part of the company’s expansion project, the New Jersey EDA provided Allied Foods with a Grow New Jersey Assistance Program award worth an estimated $13.7 million, which is directly tied to the creation of new jobs.

In addition, the company received a $3.5 million loan from the Vineland UEZ program repayable over 20 years.

“Allied Foods has been a staple in Vineland for decades, and its expansion brings a new infusion of jobs and economic benefits to the region,” said New Jersey Lieutenant Governor Kim Guadagno. “We are so pleased that they decided not only to remain in the Garden State but also to grow in the Garden State.”

Vineland’s Director of Economic Development Sandy Forosisky said, “We are thrilled that Allied Specialty Foods is staying in Vineland, expanding operations, and adding more jobs. This is a great way to start off the new year. We are also excited at the opportunity to find a new business who might be interested in acquiring Allied’s existing facility.”

Vineland’s City Council President and Economic Development Council Liaison Anthony Fanucci agreed, “Keeping Allied Specialty Foods in Vineland is an excellent example of the city’s economic retention efforts, which are so instrumental to our future economic growth.”

“I would like to extend a sincere ‘Thank You’ to all of the members of the state and local government that helped with this project and have enabled us to focus on continued growth of our business. We see the steak sandwich market continuing to grow, especially among restaurants that currently provide hamburgers on their menus. Our expansion will help us keep up with the continued increasing demand for these products.”

Founded in 1956, Allied Foods produces and distributes USDA-approved thin-sliced steak and chicken products for restaurant operators and retail outlets in the United States, and internationally to Canada, Puerto Rico, and some foreign U.S. military bases including Afghanistan. The company’s products are used in steak-based entrees or side dishes, including the famous Philly Cheesesteaks, fajitas, and other customized restaurant products. Company sales in 2015 were estimated at approximately $50 million.

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For more information about this press release, please contact Michael Tofanelli at 856-691-3113.

Business Xpansion Journal

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