Rich Products Starts Second Phase of $117M Texas Plant Expansion
A 150,000-square-foot addition will increase production capacity for branded appetizer business.
Rich Products (Rich’s), a global family-owned food company, and National New Markets Fund, LLC (NNMF) announced the second phase of Rich’s Brownsville, Texas, manufacturing facility expansion is officially underway. NNMF, an affiliate of Los Angeles-based SDS Capital Group, will invest $17.5 million of its New Markets Tax Credit allocation to support the 150,000-square-foot expansion, which will increase Rich’s production capacity for its growing branded appetizer business.
Rich’s largest capital campaign to date, the $117-million expansion is comprised of two phases. Phase two, slated to be completed in July 2025, will add capacity for greater production capabilities and storage. The first phase, which began in 2023, included the development of a new frozen warehouse expected to open this summer. Upon completion, the full expansion project is expected to create more than 130 full-time jobs, 70% of which are slated to be filled by members of Brownsville’s marginalized communities.