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CJ Foodville, the South Korean food manufacturer and food service company, revealed a new investment scheme to build a new bakery plant in the United States. The company said this funding is part of its goal of completing its Tous Les Jours factory in Hall County, Gainesville, Georgia, by the year 2025.
CJ Foodville is putting in a fresh KRW50 billion or about $37.8 million investment for the bakery facility, and this was confirmed on Tuesday, Sept. 5. According to The Korea Economic Daily, the plant is designed to be its production facility for products that will be distributed in the U.S.
Based on the reports, the new building will occupy around 90,000 square meters of space. The food service arm of the CJ Group is now preparing to hold a groundbreaking event on the site, and this will take place this year so the plant can be operational in three years.
"The aim is to break ground within this year and complete the construction by 2025," a source from CJ Foodville shared.
Pulse News reported that the latest investment simply signifies the commitment of CJ Foodville to making its brand known in the American market. It is working to further boost its presence there and gain a bigger market share.
In any case, before confirming new funding, CJ Foodville already hinted about its plans to build a bakery plant. This will be the company’s very first production factory in the country.
The firm is targeting a production capacity of 100 million items per year. It will also produce the signature frozen cakes and pastries of its Tous Les Jours bakery brand. Finally, the construction is set to start before this year ends.
Photo by: Tous Les Jours Website
