by Talk Business & Politics staff (staff2@talkbusiness.net)
Hope Baking Co. is investing more than $37 million to expand its food manufacturing facility in Hope. The expansion is expected to create 266 new jobs over two years.
“Hope Baking Company is excited to be reinvigorating the operation of the bakery and equipment located in Hope, Arkansas and looks forward to steady expansion of its employment count,” said Dan Serra, owner of Hope Baking Co.
Hope Baking Company is a division of East Baking Company, which acquired Southern Bakeries in March 2023. Since the acquisition, the company has expanded the facility adding a new production line.