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Industries
Food & Agriculture
Social Impact
Company Size
11-50
Company Stage
Debt Financing
Total Funding
$53M
Headquarters
Massillon, Ohio
Founded
1974
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.
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Total Funding
$53M
Above
Industry Average
Funded Over
1 Rounds
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Flexible Spending Account
401(k) Company Match
Short Term Disability
Long Term Disability
Group Critical Accident Insurance
Group Critical Illness Insurance
Employee Assistance Plan
Shearer's Foods received $12.5 million in federal New Markets Tax Credits for their new facility in Moraine, according to a media release by CityWide Development Corporation.
Snack food manufacturer Shearer's Foods is planning to invest $106 million for the renovation and equipment upgrades on a processing facility in Moraine.
Shearer’s FoodsShearer’s Foods is permanently closing a production facility in Lubbock, Texas, and laying off all 176 workers, according to a filing with the Texas Workforce Commission (TWC).The Massillon, Ohio-based company is a contract manufacturer and private label supplier of salty snacks, cookies and crackers.“After an extensive period of consideration, the difficult decision has been made to shutter production at our facility in Lubbock, effective March 31,” the company said in an email to FreightWaves. “This decision came after closely analyzing our supply chain and determining how to best manufacture our products to service our customers. The decision was made largely due to a decrease in demand from the largest customer of the facility.” Shearer’s opened the 180,000-square-foot facility in Lubbock in 2007. The company and its subsidiaries currently operate 16 manufacturing facilities and a distribution center in North America. Company officials did not say if they plan to close other facilities.In December, Shearer’s Foods was acquired by New York-based private equity firm Clayton, Dubilier Rice. Terms of the acquisition were not disclosed.HollingsworthTransportation and logistics provider Hollingsworth is shutting down a distribution center in Fort Worth and laying off 153 workers. Company officials said the facility’s closure was related to losing a contract with security and aerospace firm Lockheed Martin
In this time, Shearer's has also invested in its plant network to strengthen its relationships with strategic blue-chip customers, while also diversifying its geographic and product mix.
Northeast Ohio's Shearer's Foods is getting a new owner. Here are the details.
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Industries
Food & Agriculture
Social Impact
Company Size
11-50
Company Stage
Debt Financing
Total Funding
$53M
Headquarters
Massillon, Ohio
Founded
1974
Find jobs on Simplify and start your career today