RIVIANA FOODS INVESTS $80.6 MILLION IN MEMPHIS PLANT

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HOUSTON, September 7, 2022 /PRNewswire/ — Riviana Foods Inc. today announced its investment of $80.6 million to expand and renovate its state-of-the-art processing and packaging facility Memphis, Tennessee. The investment will significantly increase Riviana’s production capacity for its ready-to-serve cup and pouch products and create around 80 new full-time jobs.

The investment will add approximately 65,000 square feet to the plant and include a renovation of approximately 20,000 square feet, increasing the plant’s current production capacity for its minute® microwaveable rice cups and introduces new production capacity for ready-to-serve bag lines of its Tilda®Carolina® and Mahatma® rice brands.

“We will be in a stronger position to meet or exceed customer needs for simpler, better and more nutritious food options,” said Enrique Zaragoza, President and CEO of Riviana. “And we look forward to many more years of our successful partnership between Riviana and the memphis community with this investment.”

It is the facility’s seventh expansion project since it opened in 2006. Most recently in April 2021invested Riviana 15 million dollars to improve production and expand instant rice capacity. The demolition and construction work is expected to start in the first quarter of 2023, and utilization of the new production capacities is expected to begin in the first quarter of 2024.

The expansion and renovation project is supported by an 11-year PILOT (payment in lieu of tax) incentive awarded by the Industrial Development Board of the Economic Development Growth Engine City of Memphis and county Shelby, Tennessee. Riviana would like to thank the EDGE Board of Directors and the many other individuals and organizations who have advised and/or sponsored this investment: The Honorable Jim Strickland, Mayor of the City of Memphis; The Honorable Lee Harris, Mayor of Shelby County; That Greater Memphis chamber of commerce; Tennessee State Bureau of Economic and Community Development; Mid-South workforce; Memphis Light, Gas and Water; and the Office of Regional Economic Development of the Tennessee Valley Authority.

About Riviana Foods Inc.

headquarters in Houston, Texas, Riviana Foods Inc. is committed to producing the cleanest, healthiest rice products available. With more than 100 years of experience, Riviana is America’s premier rice company and the world’s largest marketer of wild rice. Minute belongs to the Riviana family of well-known brands®success®Mahatma®Carolina®Adolf®RiceSelect®tilde® and gourmet house®.

As a wholly owned subsidiary of Ebro Foods, the world leader in the rice sector with a leading position in fresh and quality pasta, Riviana has a truly comprehensive view of the rice business.

Based in SpainEbro Foods operates worldwide in the rice, pasta and sauces sectors through its extensive network of subsidiaries and brands in more than 80 countries Europe, North America, Asia and Africa. This relationship enhances both Riviana’s products and business by providing access to a global network of raw material sourcing, world-class research and development centers, leading-edge technology and product innovation.

SOURCE Riviana Foods Inc.

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