TROY - Golden Boy Foods Ltd.
announced plans today to open a new peanut butter plant in the City of Troy which will add 130
new jobs. Golden Boy Foods is a Canadian company which is among the
leading suppliers of organic and conventional, store brand peanut butter and
nut butter, as well as a premier supplier of all kinds of nut and dried fruit
products for snacking and baking.
The company supplies 20 of the top 30 retailers in North America, as well as leading foodservice
organizations and major food processors. Other Golden Boy Foods locations
are in Washington State, Ontario,
Canada and British
The company is owned by Tricor Pacific Capital Inc.
Richard Harris, President and CEO of Golden Boy Foods said,
“We are delighted to be joining the successful community of Troy
businesses and families. In comparison with other locations we reviewed
across Alabama and Georgia,
Troy stood out
as the most favorable climate for our business, and the place in which we
received the warmest welcome.’’
Governor Robert Bentley welcomed the news that Golden Boy
Foods will be in Troy.
“Golden Boy Foods is Alabama’s
latest economic development success story. The announcement that Golden Boy
Foods has chosen Troy shows great confidence in Alabama’s workforce,”
Governor Robert Bentley said. “The Alabama
team is working hard to recruit new jobs and expand existing industry, and I
look forward to seeing Golden Boy Foods grow and help boost Alabama’s economic future.”
Alabama Development Office Director Seth Hammett said
“Golden Boy Foods will be an important source of new jobs for the people in the
Pike County area. Not only will this
company generate jobs at their manufacturing facility, but it has the potential
to create and sustain other industry in the area.” The company is
expected to increase business for local suppliers of transportation, plastic
containers, raw peanuts and other ingredients.
Troy’s Mayor Jimmy Lunsford
and Pike County Economic Development Corporation’s Marsha Gaylard stated:
“We could not be more pleased that Golden Boy Foods, LTD selected Troy, Alabama
as the site for their new peanut butter manufacturing facility. We feel
that this company is a perfect fit for Troy
and will enhance our already great industrial base. Golden Boy Foods will
not only create 130 jobs but will also have a tremendous positive impact on
peanut industry in South Alabama.
Several other local companies in Troy
will have the potential to expand in order to provide products and services
that Golden Boy Foods will need.”
The company estimates that 65-75 jobs will be created at the
plant by the middle of 2012 and a total of 130 jobs will be created by the
middle of 2013. They will locate in the former Campbell Enterprises
building in the Troy