October 26, 2011
Jack Link's Beef Jerky buys Iowa warehouse
Jack Link's Beef Jerky has come to an agreement to buy a distribution facility in Underwood, Iowa, from the Oriental Trading Company, and the transaction is expected to close by the end of November.
Terms of the deal were not disclosed.
In addition to shipping, receiving and product merchandising support, the acquisition will increase Jack Link's distribution center and warehouse capacities, further positioning the brand for future growth, according to the company.
"The Underwood facility will complement our existing distribution operations in nearby Laurens, Iowa, allowing us to meet increasing customer demand," said Karl Paepke, executive vice president-supply chain, Jack Link's Beef Jerky. "We're pleased with the addition of this facility to our supply network and look forward to developing a world class distribution team and becoming a part of the Underwood business community."
Link Snacks anticipates creating up to 131 new jobs in conjunction with the opening of the Underwood facility later this year once infrastructure improvements are complete.
Jack Link's Beef Jerky also has operations in Laurens, Iowa; Alpena, SD; New Glarus, Wis.; Minong, Wis.; Mankato, Minn., and international facilities in Brazil and New Zealand.
Jack Link's Beef Jerky is the US meat snack category leader and fastest-growing meat snack manufacturer worldwide, according to the company. Jack Link's branded products are available in more than 40 countries worldwide.