A Bridgewater native has purchased the former YoCrunch facility in Naugatuck, with plans to produce plant-based alternatives for yogurt and other dairy products for mass retailers like supermarkets.
Under founder Tom Moffitt, Culture Fresh Foods has raised $11 million in venture financing from investors in Maine and Vermont, with the company purchasing the YoCrunch plant that was shut down earlier this year by industry giant Danone more than five years after acquiring YoCrunch
Moffitt is an experienced entrepreneur, starting up Commonwealth Dairy in Brattleboro, Vt. as a manufacturer of yogurt and other products sold under the labels of its supermarket customers, before building up its own Green Mountain Creamery brand and reaching $140 million in annual sales. Earlier in his career, he kickstarted a similar effort at the Quincy, Mass. headquarters of Stop & Shop, and before that worked for Daymon Worldwide, a Stamford-based company that helps companies build private-label brands.
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