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September 22, 2017

Pinnacle Foods to Add New Line, 25 Jobs at Fayetteville Site


Pinnacle Foods Inc. of Parsippany-Troy Hills, New Jersey, on Thursday announced plans to expand its food manufacturing in Fayetteville by adding a new brand line called EVOL.

The publicly traded company with more than $2.5billion in annual revenue also said it would add 25 jobs to that location over the next two years.

Pinnacle Foods qualified for the Arkansas Economic Development Commission’s Advantage Arkansas program, which provides a state income tax credit of 1 percent of total payroll; InvestArk, a sales and use tax credit program available to businesses established in Arkansas for two years or longer that invest $5 million or more at a single location for new construction, expansion or modernization; and a $200,000 grant from the Governor’s Quick Action Closing Fund.

According to a news release, Pinnacle will upgrade existing manufacturing capabilities to accommodate the new line, which has products ranging from single-serve meals to gluten-free macaroni and cheese that contain cage-free eggs, no antibiotics, no artificials and no GMOs.

The Fayetteville facility, which is 360,000-SF on 47 acres and 420 full-time employees, already produces Hungry Man meals, Aunt Jemima breakfasts and other frozen meals.

Pinnacle Foods is the largest private employer in Fayetteville, according to the Arkansas Economic Development Commission. It has a sales office in Bentonville.

Pinnacle Foods Inc. of Parsippany-Troy Hills, New Jersey, on Thursday announced plans to expand its food manufacturing in Fayetteville by adding a new brand line called EVOL.

The publicly traded company with more than $2.5billion in annual revenue also said it would add 25 jobs to that location over the next two years.

Pinnacle Foods qualified for the Arkansas Economic Development Commission’s Advantage Arkansas program, which provides a state income tax credit of 1 percent of total payroll; InvestArk, a sales and use tax credit program available to businesses established in Arkansas for two years or longer that invest $5 million or more at a single location for new construction, expansion or modernization; and a $200,000 grant from the Governor’s Quick Action Closing Fund.

According to a news release, Pinnacle will upgrade existing manufacturing capabilities to accommodate the new line, which has products ranging from single-serve meals to gluten-free macaroni and cheese that contain cage-free eggs, no antibiotics, no artificials and no GMOs.

The Fayetteville facility, which is 360,000-SF on 47 acres and 420 full-time employees, already produces Hungry Man meals, Aunt Jemima breakfasts and other frozen meals.

Pinnacle Foods is the largest private employer in Fayetteville, according to the Arkansas Economic Development Commission. It has a sales office in Bentonville.

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