Family-owned Cacique, which sold a minority stake this year to Boston-based hedge fund The Baupost Group, is investing US$88m in the 200,000 square-metre facility located in the city of Amarillo. The project is expected to create 200 full-time jobs upon completion by a target date of autumn next year.
Cacique said in a statement today (4 June) the Amarillo site will produce its Mexican-style cheeses, creams and yogurts.
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CEO Gil de Cardenas, who still holds a majority ownership along with the rest of the Cardenas family, said: “After an extensive, national search, we are very happy to select Amarillo, Texas, as the location of our new state-of-the-art manufacturing facility. We’re thrilled to become part of this local community as we put down some new Cacique family roots in the great state of Texas.”
The company was founded in 1973 and is based in Monrovia, California. It has a product range that also includes chorizo, dips and salsa sold under the Cacique brand. While the new plant will support capacity expansion, the business said it also plans to accelerate product innovation.
In 2019, Cacique acquired fellow Mexican-style salsa producer El Sol Foods in Arizona, giving the company access to a third manufacturing site, with the other two located in the City of Industry, California, which is a dairy processing plant, and a meat facility in Cedar City, Utah. Amarillo will be the firm’s fourth plant.
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