Bob Evans sells corporate campus, two food production facilities
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. It also provided an update on its BEST to Invest in Ohio initiative, which details major investments in the company’s home state.
Bob Evans total investment in the State of Ohio now tallies $187 million dollars over several years. Bob Evans acquired Lima-based foods production plant 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.