Red River Foods, a U.S. supplier of premium specialty snacks, is investing $16.5 million to establish a warehouse and processing facility for tree nuts, seeds, and dried fruits in Henrico County, Va. The project is expected to create 60 new jobs.
Headquartered in Richmond, Va., Red River Foods has established a global reach serving more than 350 companies with over 40 products sourced from 30 countries. With offices on five continents and more than 1,000 employees, the company has supplied quality tree nuts, seeds, and dried fruits to the bakery, dairy, confectionery, cereal, and snack food industries for more than 40 years. A vertically integrated company, Red River takes control of the supply chain from harvest to the hands of customers, maintaining strong relationships with farmers, processors, and customers to ensure a quality product that is ethically and sustainably grown.
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“We have called the Richmond region home since my father, Jim Phipps, moved the company from New York City to Virginia in 1991,” says Dan Phipps, CEO of Red River Foods. “Although we have experienced tremendous growth since that time, a majority of our personnel expansion has been concentrated in cashew-growing countries within Africa and Asia. Investing in Henrico County is further investment in our value chain. Creating valuable jobs here in our local community is one step further in connecting our farmers to our customers.”
“Red River Foods’ significant expansion speaks volumes about the business climate and top-notch talent in Central Virginia,” says Virginia Governor Ralph Northam. “Food and beverage processing is Virginia’s second-largest manufacturing sector and one of our fastest-growing industries. Red River Foods has been based in Richmond for 30 years, and the company’s continued success here is another important testament to the Commonwealth’s status as the best place to do business.”