Stampede Meat, Inc., Bridgeview, Ill., announced plans to expand outside of Illinois for the first time in its 24-year history. Stampede is investing more than $36 million to renovate and reopen the former Tyson Foods facility in Sunland Park, N.M., increasing the company’s existing 285,000 square footage and 190 million-pound capacity by more than half.
“Stampede has been at capacity on some critical lines for a number of months,” says Brock Furlong, president and CEO. “Starting this fall, this will allow Stampede to grow with a significant investment in cook capacity and new capabilities to continually play a more critical role, as our customers look for more turnkey solutions.”
Over the next five years, this expansion will create 1,295 new food processing and manufacturing jobs.
Stampede produces custom, protein-based solutions for the retail and foodservice industries. Products made in New Mexico will be distributed across the entire United States, as well as internationally to locations such as Canada and South America. Once fully utilized, the facility will support $300-400 million in revenue.
The facility is projected to open and begin business in October. The renovated plant will showcase Stampede’s newest capabilities, facilitating its proprietary 360-degree fire-searing and sous vide cook capabilities.