Diamond Foods Inc. (DMND) said it plans to expand its production facility in Salem, Oregon at a cost of $8.4 million to meet increased demand for its Kettle Brand potato chips.
The Salem facility, which opened in 1999 and currently has over 180 production and distribution employees, produces approximately half of the nation's supply of the Kettle Brand product line.
The expansion will facilitate broader distribution of Kettle products on the West Coast and in the Southwest.
More than 15 new jobs will be created, and production capacity will be increased by 25%, the company noted. Ground breaking for the expansion is anticipated to take place in the third quarter of 2010 and completion is targeted for the second quarter of 2011.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.