IFF is investing $70 million to expand its Cedar Rapids facility for healthy snacks market.

From Nasdaq: 2025-02-25 14:56:57

International Flavors & Fragrances Inc. (IFF) is investing $70 million in expanding its Cedar Rapids, Iowa facility to focus on the healthy snacks market. The 47,000-square-foot facility is set to be operational by late 2026 and is expected to create up to 40 new jobs. IFF’s proprietary technology will be used in the expansion, which includes advanced packaging, sustainability features, and supply chain efficiency enhancements. The Cedar Rapids plant currently produces enzymes and will now also manufacture TAURA ingredients, offering real fruit appeal to long shelf-life foods. IFF’s stock is up 1.20% on the NYSE.



Read more at Nasdaq: IFF Expands Cedar Rapids Ingredients Facility