J.M. Smucker plans to invest $120 million to expand its Hostess manufacturing plant in Columbus, Georgia, with construction expected to finish by early 2027. This investment will involve building a new facility, renovating existing areas, and acquiring new equipment, creating at least 48 jobs. Despite the company’s efforts to stabilize the Hostess brand after experiencing nearly $2 billion in write-downs due to inflation and changing consumer preferences, Smucker has been adjusting its operations to improve supply chain efficiency while closing and selling underperforming locations.

Source: https://www.supplychaindive.com/news/jm-smucker-spending-more-than-120m-to-expand-hostess-plant/802595/