Tuesday, April 21, 2015

Herr's buys NJ plant, adds 'natural and low fat snacks'

Potato chip empire trying to diversify

Herr's buys NJ plant, adds 'natural and low fat snacks'

Potato chip giant Herr´s is buying a controlling interest in Silk City, which makes waffle-shaped snack like these.
Potato chip giant Herr's is buying a controlling interest in Silk City, which makes waffle-shaped snack like these.

Herr Foods Inc., which makes potato chips and other salty, fatty snacks at its headquarters in Nottingham, Chester County, says it's agreed to buy a controlling stake in Silk City, which makes waffle-sandwich cookies, pizzelles and other baked snacks at its plant in Clifton, N.J.

Ed Herr, president of Herr's, said in this statement that the deal adds to Herr's manufacturing capability and its capacity to make and sell "more diverse, natural and low fat snacks."

Herr's also owns the Flavor Mill, 1853 and Good Natured snack brands. Herr's distributes through route drivers in the Northeast and through a national warehouse network, and makes snacks on contract to other brands. Silk City is also a contract manufacturer.

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PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

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