One of South Korea’s largest food companies is building a 700,000 Square foot production facility in Sioux Falls. The project will represent an overall investment of several hundred million dollars over the course of construction and will be funded through operating cash flow, according to a press release from the company.
The company, known as CJ Foods, plans to set up the Asian food production facility which is expected to employ 600 people within five years. The food will be sold and distributed by CJ Foods and Schwan’s Company, the Minnesota-based frozen food distributor that was purchased by CJCJ in 2018.
Once complete, people working at the facility will focus on making a broad range of Asian-style meals, sides, snacks and appetizers in the shelf-stable and frozen categories.
The new South Dakota facility will represent an expansion of CJCJ’s Asian food production capabilities in North America, with CJ Foods already operating five Asian-style food plants in California, Ohio, New York and New Jersey and Schwan’s Company operating two in Texas.