CHICAGO, IL (Sept. 24)—The Illinois Department of Commerce and Economic Opportunity (DCEO) has announced an approximately $576,000 investment package that will help Fox River Foods, a broadline distributor in Montgomery, to expand its operations.
The expansion, which includes the addition of approximately 45,000 square feet of freezer and cooler space and 8,000 square feet of office space, will reportedly add 50 new jobs at the distribution center.
"During these difficult economic times, our top priority as the state’s lead economic development agency is ensuring people have access to sustainable employment. The state's investment in Fox River Foods is one way we’re helping to provide good paying jobs during a critical time and growing the economy," said DCEO Director Warren Ribley.
"Fox River Foods is pleased with the assistance from the DCEO and thanks the Department and the state of Illinois for the opportunity to expand our facility and continue to do business in the state of Illinois. We looked very hard at an opportunity in Missouri but with the assistance from the DCEO, Illinois is by far the best choice for our company. We expect to continue to grow as an Illinois company for many years because of the assistance we received from the state," said Frank Karabetsos, Fox River's executive vice president.