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COLORADO PREMIUM PLANS $15 MILLION INVESTMENT IN GEORGIA FOOD PROCESSING PLANT
Source: Colorado Premium news release

Georgia Gov. Nathan Deal today announced that Colorado Premium - one of the country's premier protein processors serving retailers, restaurant chains and private labels worldwide - will create 190 jobs and invest $15 million in a food processing plant in Carroll County by the end of 2018.

"Colorado Premium's decision to establish a presence in Carroll County is a testament to Georgia's commitment to providing a business-friendly environment and the resources necessary for economic growth in today's market," said Deal. "Georgia offers the freight and transportation network required to serve a broad, growing customer base. I am confident our strategic location will provide significant benefits for Colorado Premium as the company expands its presence throughout the southeast."

"We explored various locations in the Southeast, and this facility was selected due to the overwhelming welcome that we received from the Carroll County and State of Georgia business communities," said Colorado Premium Founder and President Kevin LaFleur. "Our company has been expanding for several years and this facility allows us the to continue that growth well into the future. This location also provides us with a more centralized shipping and distribution point, and that's a tremendous benefit for our customers."

This is Colorado Premium's third major expansion in the past three years. In July 2014, the company acquired Illinois-based Buedel Fine Meats & Provisions, and Vlcek Fine Meats, Inc., distributors of meats and poultry to restaurants, hotels, casinos and country clubs. In 2016, the company expanded again with the acquisition of Miami-based National Deli, one of the nation's leading branded deli meat companies.

Colorado Premium purchased an existing 130,000-square-foot building in Carroll County and will begin immediately to upgrade the property and install state-of-the-art meat and protein processing equipment. With the Carroll County acquisition, the company and its subsidiaries will operate five processing facilities and two distribution centers in Colorado, Illinois, Florida and Georgia.

"We are excited to begin the new year with this announcement. As a family owned, highly successful and growing industry, Colorado Premium is a perfect fit for our community," said Daniel Jackson President and CEO of Carroll Tomorrow. "We are so impressed with Colorado Premium's owner and senior leadership team, and we know that they will be a great asset to our community and a wonderful new corporate citizen."

About Colorado Premium
Headquartered in Greeley, Colorado, Colorado Premium was founded in 1998 by former Con-Agra/Monfort executives Kevin LaFleur and Don Babcock. As a family owned, value-added manufacturer of premium protein products, Colorado Premium markets retail and restaurant-ready beef, poultry and other products under its own brands and more than 75 private-label brands to customers in the United States, Central America, the Caribbean, the Philippines, Taiwan, UAE and more. The company is committed to both worker and food safety, employing state-of-the-art food safety interventions. All of Colorado Premium's processing facilities are HACCP integrated and GFSI compliant under BRC or SQF programs. For more on Colorado Premium, see www.ColoradoPremium.com


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