ATLANTA, April 27, 2016 /PRNewswire/ -- Over the last year, CSM Bakery Solutions has made a number of significant investments in its people and facilities around the world, and there's more to come, according to Robert Sharpe, CSM's president and CEO. Today, the company announced several actions designed to optimize the business' operations and better serve its dynamic and expanding customer base.
"We are excited about the overall landscape of our industry and the role we can play in delivering some of the industry's best fresh-baked goods to our customers," Sharpe said. "With these actions, we are clearly investing in our future. In the next two years, we will dedicate more than 150 million euros to position our company for long-term growth."
Among the investments planned or already taking place are infrastructure and capacity improvements in CSM's Atlanta Ingredients operations; equipment and infrastructure upgrades in the company's facilities in Eagan (Minnesota), Dallas (Texas), and Colton and Pico Rivera (California); as well as a series of process improvements in its Ogden (Utah) operations. In the geoUK, CSM is making similar infrastructure and equipment upgrades in its existing Bradford and Daventry operations, plus building a new, high-tech facility in Daventry.
Due to lack of capacity or other constraints, CSM will close its manufacturing operations in Houston toward the end of 2016 and in Esher and Ashington (UK) by the end of 2017.
The announced strategic investments and footprint changes will position CSM to better serve its customers and the industry, according to Sharpe.
"These actions will enhance our overall productivity, capabilities and capacity to allow us to profitably grow the business in the years ahead," he said. "We have a great passion to deliver industry-leading solutions to our customers, and these actions enhance our ability to do so. Our customers' growth and success will be our growth and success."
About CSM Bakery Solutions
CSM Bakery Solutions is a global leader in bakery ingredients, products and services for retail and food service markets as well as artisan and industrial bakeries. As one of the baking industry's largest players, with revenues of approximately $3 billion and more than 45,000 global customers, CSM offers a broad portfolio of well-recognized brands supported and developed from its eight innovation centers. Through the dedicated efforts of more than 8,500 employees, CSM serves customers in 100-plus countries, providing specialized ingredients (dry mixes, fillings, icings, glazes, mélange, toppings, batter, frozen dough and more) and finished products (cakes, donuts, muffins, brownies, cookies, specialty bread, viennoiserie and more). CSM's mosaic of heritage bakery brands includes some of the industry's most trusted names: BakeMark, Brill, Meister Marken, Multifoods, Waldkorn, and Westco, to name but a few.
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CSM Bakery Solutions
SOURCE CSM Bakery Solutions