Reinhart Foodservice recently announced it is investing more than $30 million to expand in Mt. Pleasant.
The company plans to build a 155,000-square-foot addition to its current 169,000-square-foot facility. The project will create 24 positions.
The expansion will include the purchase of machinery and equipment and the addition of cold storage.
To read the rest of the story, please go to: Pennsylvania Business Report
Reyes Holdings, L.L.C. has closed on the sale of Reinhart Foodservice, L.L.C. to Performance Food Group Company (PFG), headquartered in Richmond, Virginia, positioning both companies for continued success and expanded opportunities moving forward. …
Performance Food Group Company (“PFG”) (NYSE: PFGC) today announced it has entered into a definitive agreement to acquire Reinhart Foodservice, L.L.C (“Reinhart”) from Reyes Holdings, L.L.C. in a transaction valued at $2.0 billion, or approximately $1.7 billion net of an estimated tax benefit to PFG of approximately $265 million. …
With the close of the transaction, PFG is now positioned as one of the largest distributors in the U.S., with approximately $ 30 billion in annual net revenue and nearly 25,000 talented associates. …
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