King purchased the building on 30 December 2013 to increase production of Bonneau products, as well as diversify the company’s food and beverage portfolio.
“Bonneau Foods and Water have been running in the red for the past four years,” said King. “We thoroughly reviewed the business, have implemented a plan to turn things around and are forecasting profits within the next 90 days.”
Building improvements include upgrades such as an R&D kitchen that will serve as an incubator for new products, as well as new equipment and increased warehouse storage.
The company plans to add five new employees over the next 2-3 months.
Source: Steviva Brands
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