CJ Foods, parent company of modern Korean restaurant brand Bibigo, has announced the opening of a new packaged food manufacturing factory in Fullerton.
After introducing the successful contemporary Korean restaurants to Los Angeles with locations currently in Beverly Hills, Westwood and Century City CJ Foods launched a product line of frozen foods and sauces based on the fresh, flavorful, and accessible interpretations of traditional Korean dishes. Bibigo packaged food products include a variety of whole grain potstickers, mini wontons, and Korean marinade sauces.
As a leader in both the restaurant and packaged food industry, CJ Foods is committed to an aggressive expansion to the United States. CJ Foods continues to invest in the country through utilizing domestic ingredients, while creating jobs for Americans. Projected to yield millions in revenue, the Fullerton factory will generate 60 jobs by the end of 2013 and more than 200 jobs once completed. The new plant is projected to generate over 30 million dollars in its first year of operation and to exponentially increase profits to 96 million in five years. The total investment by Bibigo for the first phase of the project is expected to exceed 24 million dollars. The Fullerton factory is the third United States manufacturing plant for Bibigo, with plans to open another at a separate site in Fullerton in June 2013.
“The opening of our Fullerton factory is an exciting milestone for CJ Foods. This expansion aids in our commitment to raising awareness of Korean cuisine and culture within the United States. The new plant in addition to our three existing Bibigo restaurants in Southern California is another asset in the forthcoming expansion of the Bibigo brand through additional restaurants and a heftier food product line that is to come,” Marc Shin, CEO of CJ Foods stated.
posted by Tiffany Haslacker