U.S. WholeStone Farms to invest $150 mln in Hormel Foods' Fremont plant

08/30/2018 6:04:00 AM (GMT)

U.S. agriculture company WholeStone Farms plans to make an investment to upgrade Austin-based food processing company Hormel Foods' plant in Fremont.

Hormel agreed to sell the Fremont plant to WholeStone Farms for $30 million.

The plant will undergo two phases of renovations with WholeStone investing nearly $150 million and ultimately work up to a double shift.

All of those renovations will be underway or completed by the end of 2019.

WholeStone Farms

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