Farmstead Manufacturing Continues Expansion with Opening of New Warehouse in Leeds, Utah
August 06 2024 - 10:00AM
Business Wire
Farmstead Manufacturing today announced the opening of their new
production warehouse in Leeds. This expansion comes following the
success of owners Chris Connors and Li Hsun Sun’s flagship
Farmstead Bakery retail location in nearby downtown St. George, and
after the opening in July of their new retail location in
Springdale, located just outside of Zion National Park. A third
retail bakery is set to open in nearby Hurricane in the fall.
As part of its ongoing growth, Farmstead Manufacturing plans to
hire 20 full-time employees this year at its warehouse and add
another 45 workers throughout the organization. The warehouse
positions are all full-time and include health care plans for the
workers.
The new Leeds warehouse will serve as the primary production
facility for Farmstead Bakery—the company’s retail arm, allowing
them to meet the growing demand for their assortment of baked
goods. Farmstead is operated by the See the Space Restaurant Group,
which also manages FS Coffee Company in downtown St. George, as
well as The Local, a wine and cocktail bar in Henderson,
Nevada.
Farmstead Manufacturing’s expansion was made possible in part by
a $2.25 million investment by impact investment firm, Advantage
Capital. The funding was made in connection with the Utah Rural
Jobs Act and a Utah state business grant for job creation.
"We are thrilled to open our new production warehouse in Leeds
and expand the Farmstead Bakery brand," said Chris Connors,
co-owner of Farmstead Bakery. "This new facility will not only
allow us to increase our production capacity but also create new
job opportunities for the local community."
For more information about Farmstead, visit their website at
www.farmsteadbakery.com
About Farmstead Manufacturing
Farmstead Manufacturing is a supplier of croissants, donuts,
Danishes and pastries to cafes, hotels and wholesalers across Utah,
while also providing catering services. Farmstead prides itself on
providing the best baked goods possible to Utah residents while
also shaping the community in a positive manner by offering quality
jobs and a positive work environment.
About Advantage Capital
Advantage Capital is a leading impact investment firm with an
emphasis on driving capital to underserved areas. The firm provides
flexible financing to growth-ready entrepreneurs and industries
located in communities that often lack access to conventional
sources of capital. Since 1992, the firm has invested more than $4
billion in more than 900 companies to support more than 67,000
quality jobs. The firm also invests with intention in affordable
housing developments and renewable energy solutions to grow
economies and communities. Learn more at Advantagecap.com.
Advantage Capital is an Investment Adviser registered with the
U.S. Securities & Exchange Commission. Such registration,
however, does not imply a certain level of skill or training. This
release has been prepared for informational purposes and to
announce a prior event, and nothing herein should be construed as
an offer of investment advisory services or as an offer to sell or
a solicitation of an offer to purchase any securities or investment
product. All offers of investment interests in any fund or
investment vehicle managed directly or indirectly by Advantage
Capital are and will be made only to qualified prospective
investors pursuant to separate and definitive offering and
subscription documents in accordance with applicable federal and
state securities laws. Advantage Capital is an equal opportunity
provider.
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Chris Connors Farmstead Manufacturing (702) 373-2542
Chris@stsrestaurantgroup.com