A foreclosed industrial building in Lithonia -- once used by Gold Kist -- may once again be a food manufacturing site. But not right away.
The 189,000-square-foot food manufacturing facility at 2200 Lithonia Industrial Blvd. was purchased by Rich Products Corp., a Buffalo, N.Y. company that makes frozen products. The price was $2.5 million, according to real estate listing service LoopNet Inc.
The purchase is for future opportunities, rather than immediate use, said Dwight Gram, a Rich Products spokesman. The company already has two Georgia manufacturing facilities -- in Brunswick and Waycross -- so the plant was purchased because, said Gram, "the Southeast is a growing region for us. It was an opportunity to secure a nice piece of property."
A press release said the Lithonia plant was built in 1970 as a poultry processing facility for Gold Kist. PET purchased it in 1980 and expanded the facility to make pie shells, cookies, and other foods, with 215 employees. In 2004 it was purchased by Miller International Baking for making biscuits and foreclosed in 2008.
Rich Products makes frozen foods, such as pizzas, toppings, icings, cakes and desserts, which it supplies to food service companies, in-store bakeries and others. It also makes consumer brands including Farm Rich. Annual sales are about $2.9 billion, with 7,500 employees and 31 plants worldwide.
Patrick Laughlin of Bullock Mannelly Partners represented CharterBank in the sale, while Addison Meriwether and Travis Jackson of Cushman & Wakefield represented Rich Products.
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