Bob Evans Farms, Inc. announced the sale of its headquarters building in Columbus, Ohio, as well as two Ohio food production facilities, to New Mill Capital LLC, a Los Angeles-based private equity firm specializing in repositioning closed corporate facilities.
Bob Evans acquired Lima, Ohio-based Kettle Creations in August 2012, and in the fall began a nearly $27 million expansion that will double the size of the facility by adding 50,000 square feet. The company anticipates that the expansion will create 70 new jobs by 2015. In addition, Bob Evans is accelerating its Farm Fresh Refresh remodeling program. At the close of the company’s fiscal year end of April 2013, it will have remodeled 180 of its Ohio restaurants for a total investment of $43 million.