MOM Brands, the nation’s largest family owned cereal company, has announced it is adding 50 new jobs to its Asheboro facility as the company completes its $140 million expansion there.
Currently, the 33-acre Asheboro facility employs 200 people and is already one of the largest employers in Randolph County. The MOM Brands expansion has added more than 350,000 square feet of production space, doubling the size of the facility. The project also adds more production lines, and an on-site, 80,000-square-foot warehouse that was completed last year. With this expansion, the company will be adding positions ranging from line managers to maintenance technicians.
“MOM Brands has been an outstanding addition to Asheboro and Randolph County’s economy. In a few short years, it has made a significant economic impact to our community,” said Bonnie Renfro, president of the Randolph County Economic Development Corporation (RCEDC). “We are delighted to see the new jobs as a result of this expansion. It’s a great career opportunity for our people at a time when unemployment continues to be too high and our residents need jobs more than ever.”
Chris Neugent, MOM Brands chairman and CEO, credits the growth of the Asheboro facility to the fact that MOM is the only major cereal company making strides in a large, but flat, category. Additionally, Neugent said there is increased demand for the Malt-O-Meal® product line, which includes the company’s best-selling Frosted Mini Spooners® and Frosted Flakes, as well as the popularity of the Better Oats® instant oatmeal line.
“In this tough economy, we are proud that our success and long-term growth enables us to create more good jobs in Asheboro,” said Neugent. “And, just as important is our commitment to producing the highest quality cereals while saving families money every day. The mission of MOM Brands is to continue to find better ways to give families across America a better breakfast at a better price.”