Shearers Foods

Shearers Foods

Manufactures diverse range of snack foods

About

Shearer's Snacks offers a robust work environment leveraging advanced manufacturing facilities and sustainable production approaches to create a diverse array of snack foods. The company's emphasis on environmental sustainability not only meets industry standards but also fosters a culture of responsibility and innovation among its team members. This focus on eco-friendly practices and state-of-the-art technology makes it an appealing workplace for those passionate about sustainable practices and cutting-edge manufacturing processes.

Company Stage

Acquired

Employees

11-50

Industries

Food & Agriculture, Consumer Goods

Total Funding

$53M

Headquarters

N/A

Founded

1974


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Simplify's Take

What believers are saying

  • The $106 million investment in the Moraine facility indicates potential job creation and technological advancements, enhancing the company's operational efficiency.
  • Being acquired by a prominent private equity firm like Clayton, Dubilier & Rice could provide Shearer's Foods with additional resources and strategic direction for expansion.
  • Shearer's Foods' focus on diversifying its geographic and product mix can lead to more stable revenue streams and reduced dependency on single customers.

What critics are saying

  • The permanent closure of the Lubbock facility and the associated layoffs highlight potential vulnerabilities in Shearer's Foods' supply chain and customer demand fluctuations.
  • The recent class action lawsuit for unpaid overtime could result in financial liabilities and damage to the company's reputation.

What makes Shearers Foods unique

  • Shearer's Foods stands out as a leading contract manufacturer and private label supplier in the snack industry, focusing on salty snacks, cookies, and crackers.
  • The company's significant investment in plant renovations and equipment upgrades, such as the $106 million project in Moraine, demonstrates a commitment to maintaining cutting-edge production capabilities.
  • Shearer's Foods' acquisition by Clayton, Dubilier & Rice highlights its strategic value and potential for growth under new ownership.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

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