Company Name: New Horizons Baking Company, LLC
Location: Toledo
Site Region: Northwest
Industry Sector: Food Sciences and Agriculture
Company Profile: New Horizons Baking Company is an English muffin and soft roll manufacturer that supplies major restaurants. The company has been in business for more than 55 years with multiple factory locations.
Company Website: https://newhorizonsbaking.com/
Project Summary:
Type of Project: Expansion
Jobs:
- Jobs committed: 45
- Jobs retained: 51
Capital Investment: $13,500,000
Timetable: Production on the new line is expected to begin in February 2024.
Company Need:
New Horizons plans to install a new English muffin line and build a new freezer to improve efficiencies. This plan was driven by a new business the company has acquired, along with growth in its existing customer demand.
Testimonial:
Why Ohio?
Food and agribusiness is one of the largest industries in Ohio, boasting hundreds of companies that cultivate, process, package, distribute, and market food and drinks enjoyed by consumers around the world. The proximity to and relationships with industry and academic partners result in faster, more affordable access to every part of the value chain.
In Ohio, businesses have access to a complete ground-to-consumer value chain. Ohio’s farmlands produce soybeans, corn, dairy, wheat, eggs, and hogs. From there, companies can connect with the state’s food manufacturers, packagers, distributors, retailers, and customers. In addition, companies can leverage assets that make doing business more affordable, such as low-cost natural gas, a deregulated power market, and open partnerships with the Ohio Environmental Protection Agency, Ohio Department of Natural Resources, and Ohio Department of Agriculture.
Collaborators:
JobsOhio, Ohio Department of Development, Regional Growth Partnership