As the line blurs between grocery stores and restaurants, Indianapolis-based Caito Foods LLC sees a clear path of opportunity.
Until this year, Caito’s business was built around only fruits and vegetables. The company began as a produce wholesaler in 1965, and in 1998 expanded into cut produce—selling packages of watermelon chunks and mixed-vegetable trays to retailers and food producers.
But in January, the company opened a $32 million facility designed to cook and package meals and side dishes such as salads, pasta, deli meats and pinwheel sandwich wraps.
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