Rise Baking Company, LLC Expands Manufacturing Operations

What this means

A factual summary is pending editorial review. The complete official release is reproduced below with issuer attribution and a direct link to the original publication.

Official release

Source material from Utah Governor’s Office of Economic Opportunity. The wording below is the issuer’s statement.

Today, the Utah Governor’s Office of Economic Development (GOED) awarded Rise Baking Company, LLC a post-performance tax reduction for its expansion in Weber County, supporting the company’s continued investment in its Pleasant View manufacturing facility and increased production capabilities. The corporate incentive is part of the state’s Economic Development Tax Increment Financing (EDTIF) program.

Under the agreement, Rise Baking Company projects adding 31 new, high-paying jobs and investing over $22 million in Utah over the next 10 years.

“Targeted growth in advanced manufacturing remains vital to building a balanced and resilient economy across Utah,” said GOED Commissioner Jefferson Moss. “Rise Baking Company’s capital investment in Weber County expands our production capacity, strengthens regional supply chain logistics, and provides stable, high-paying jobs for local residents over the next decade.”

Rise Baking Company is a leading North American bakery manufacturer serving in-store bakery and foodservice customers and home to some of the baking industry’s most trusted brands. The company operates over 20 facilities across North America and employs nearly 4,000 people, offering a diverse portfolio across 13 product categories, including cookies, cakes, muffins and pies. With a focus on quality, innovation, and customer partnership, Rise delivers bakery solutions that help customers meet evolving consumer needs and make life’s special moments even more enjoyable. Earlier this year, Rise announced an expansion of its Pleasant View facility to increase production capabilities and support the company’s continued growth.

“Our continued investment in Pleasant View reflects the important role this facility plays in Rise’s long-term growth strategy,” said Mark McNeil, CEO of Rise Baking Company. “Expanding our capabilities here will help us better serve our customers, strengthen our manufacturing network, and position the business for continued growth. We value our partnership with the state of Utah and Weber County and the opportunity to create additional jobs and contribute to the continued growth of the local community.”

Incentive Projections

Learn more about the state’s post-performance EDTIF program.

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About the Utah Governor’s Office of Economic Development

Under Gov. Spencer J. Cox’s direction, the Governor’s Office of Economic Development provides resources and support for business creation, growth, and recruitment. It also drives increased tourism and film production in Utah. As stewards of the world’s best economy and quality of life, the Economic Development Office utilizes federal, state, and private sector resources to administer programs in areas with the highest potential for economic development and the most opportunity for Utahns.

About Rise Baking Company:

Formed in 2013, Rise Baking Company is a North American bakery manufacturer headquartered in Minneapolis, MN. Rise produces a variety of products for in-store bakeries and foodservice clients, including leading national grocery chains, convenience stores, QSRs, and mass merchandisers. Specializing in cakes, cookies, muffins, icings, pies, and more, Rise brings together some of the industry’s most trusted brands, including Brill, South Coast Baking, Table Talk, Best Maid, Henry & Henry, and Bakestone Brothers, among others. Their finest ingredient is their people, who are dedicated to partnering with customers to create special moments.

Release text attributed to Utah Governor’s Office of Economic Opportunity. Consult the official publication for any subsequent corrections or updates.