Foods

Riviana invests $80.6M to expand ready-to-serve rice facility

Riviana Meals is investing $80.6 million to broaden and renovate its processing and packaging plant for rice merchandise in Memphis, Tennessee.

The venture will add about 65,000 sq. toes to the plant, and contain renovating roughly 20,000 sq. toes. This may increase the plant’s present manufacturing capability for Riviana’s Minute rice microwaveable cups and add new manufacturing capability for ready-to-serve pouches of its Tilda, Carolina and Mahatma manufacturers. The growth will add round 80 full-time jobs. 

Development is slated to start in first-quarter 2023, with the plant starting to make use of its new manufacturing capability within the first quarter of 2024.

“We might be in a stronger place to satisfy or exceed buyer wants of on the lookout for less complicated, higher and extra dietary meals choices,” Riviana President and CEO Enrique Zaragoza stated in an announcement. 

This marks the seventh, and one of many largest, growth tasks on the Memphis plant because it opened in 2006, in accordance with Riviana. Extra not too long ago, the corporate invested $15 million in 2021 to enhance manufacturing and improve immediate rice capability. And in 2019, it introduced a $27 million funding to double output. 

Riviana Meals, a Houston-based subsidiary of Spanish meals big Ebro Meals, is doubling down on rice after promoting a majority stake in its branded pastas to TreeHouse Meals in 2020 and its Ronzoni dried pasta model to Submit Holdings’ non-public label unit in 2021. This previous February, the corporate introduced it might buy the belongings of specialty rice maker InHarvest, including to its manufacturing footprint within the Western U.S.

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