Campbell Soup Co. to Invest $230 Million in Supply Chain Transformation and Business Growth
Campbell Soup Co. Announces $230 Million Investment to Transform Supply Chain and Fuel Growth
CAMDEN, NJ. — The Campbell Soup Co. has revealed plans to invest approximately $230 million over the next three years to revamp its supply chain and drive business growth. The company will focus on upgrading manufacturing sites, utilizing co-manufacturing partners, closing inefficient plants, and shifting production to more modern facilities.
Already, $80 million of the total investment has been allocated to various projects aimed at enhancing the company’s supply chain. Dan Poland, Chief Supply Chain Officer at Campbell Soup Co., emphasized the importance of these investments in a statement, stating, “To fuel growth and transform our manufacturing and distribution network, we must invest and further strengthen our supply chain. By leveraging our best-in-class in-house capabilities combined with the expertise of trusted manufacturing partners, we will continue to make the highest quality products, with a more agile, flexible, and cost-effective manufacturing network. We continue to evaluate optimization opportunities across the network to build our supply chain of the future.”
As part of the transformation, Campbell Soup plans to phase out its plant in Tualatin, Ore., which was acquired as part of the purchase of Pacific Foods in 2017. The closure will impact 120 employees initially, with operations expected to cease entirely by July 2026. Production of organic soup, broth, and plant-based beverages will be shifted to other facilities within the company’s network.
Additionally, the plant in Jeffersonville, Ind., will be reorganized to focus on producing Late July tortilla chips, with kettle potato chip production moving to plants in Charlotte, NC, and Hanover, Pa. Regional snack brands will continue to be manufactured in Jeffersonville.
The $230 million investment includes projects in Maxton, NC; Hanover; and Franklin, Wis. Campbell Soup will invest $150 million in new aseptic soup production in Maxton, $72 million to expand potato chip kettle production in Hanover, and $8 million to increase tortilla chip production capacity in Franklin.
Furthermore, the company previously announced plans to expand Goldfish cracker production at its Richmond, Utah plant. The expansion, expected to be operational by the end of 2024, will boost output by 50% and create approximately 80 new jobs.
Campbell Soup Co.’s ambitious investment strategy aims to modernize its supply chain, enhance production capabilities, and drive business growth in the coming years.
