US Foods acquires New City Packing Co.
US Foods, one of the country’s leading distributors, announced the purchase of New City Packing Company, a supplier of high-quality steaks and fresh-cut portion meats to restaurants and customers across the country.
Founded in 1884, New City Packing Company serves more than 400 customers and operates a 60,000 square foot distribution warehouse and meat cutting facility in Aurora, Ill. To more efficiently serve customers, this larger, more modern facility will become the new site of US Foods’ Stock Yards Chicago. The current Stock Yards Chicago location will remain open into September 2012.
“Stock Yards has provided the highest quality steaks and chops to America’s top restaurants for nearly 120 years,” said David Norton, executive vice president, Stock Yards. “The addition of the New City Packing Company business and meat cutting operation will expand our customer base and greatly increase efficiencies.”
David Aardema, president of New City Packing Company, will be joining Stock Yard Chicago as general manager. “I look forward to joining the Stock Yards Chicago team to help ensure a smooth transition for New City customers,” Aardema said.
Aardema added that New City customers will now have access to a broader array of products and services than ever before through US Foods.
The Stock Yards Chicago location is one of 13 Stock Yards facilities operating across the country.
Terms of the acquisition were not disclosed.
Source: US Foods