Imperial Frozen Foods has received a $2.6 million lease line of credit from CapX Partners to finance equipment for the frozen fruits and blends company’s new production facility in Savannah, Georgia, USA. The capital will fund state-of-the-art packaging and bagging equipment for multiple production lines, increase output and optimize logistics. At full capacity, the plant will employee from 60 to 100 people.
“The Savannah location will provide us with new capabilities, while allowing us to be more nimble in our ability to meet the ever-changing needs of our customers and consumers in today’s fast-paced marketplace,” said CEO Kevin Migdal.
Founded in 1957, Imperial sources globally and supplies USDA Grade A conventional and organic frozen fruits to the retail, club and foodservice markets in North America. While specializing in private label production, it also packs the proprietary SunVale label as a house brand for retailers and foodservice distributors.
Meanwhile, the Wake Forest, North Carolina-headquartered company recently announced a long-term relationship with Sunkist Growers of Valencia, California. The partnership will greatly expand new retail products under the Sunkist label, leveraging the brand as a national platform for multiple item offerings.
