March 22, 2017 11:59 PM ET

Food and Staples Retailing

Company Overview of Baldor Specialty Foods, Inc.

Company Overview

Baldor Specialty Foods, Inc. engages in the procurement and distribution of specialty food items in the United States. The company offers fresh and organic produce; foie gras, pates, cured meats, truffle products, balsamic vinegar, and extra virgin olive oil; smoked and fresh meat products; and bake off pastries, breads, and wraps. The company also provides a line of organic and natural pre-packaged and food service packaged specialty products, such as potatoes, dried mushrooms, onions, shallots, herbs, spices, salads, sun dried tomatoes, baby vegetables, grilled vegetables, and preserved vegetables for food stores and supermarket chains. In addition, its products include vegetables, berries...

155 Food Center Drive

Bronx, NY 10474

United States

Founded in 1991

Phone:

718-860-9100

Fax:

718-328-9944

Key Executives for Baldor Specialty Foods, Inc.

Chief Executive Officer
President
Compensation as of Fiscal Year 2016.

Baldor Specialty Foods, Inc. Key Developments

NYCEDC Announces Major Expansion of Baldor Specialty Foods in Hunts Point Food Distribution Center

New York City Economic Development Corporation announced the closing of a lease amendment with Baldor Specialty Foods which will allow the fresh produce and specialty food distributor to expand its facility in the Hunts Point neighborhood in the Bronx by 100,000 square feet, strengthening the area's robust food and beverage distribution network. The Hunts Point Food Distribution Center is one of the largest Hunts Point Terminal Produce Market, the Hunts Point Cooperative Meat Market, the New Fulton Fish Market, and parcels leased to companies. The nearly $20 million expansion, funded entirely by Baldor, will create 350 new quality jobs in addition to 400 jobs the company has created since moving to the Food Distribution Center in 2007. The expansion will allow Baldor to grow its fresh cuts manufacturing operation and increase its distribution to customers across the City and metropolitan region, including restaurants, hotels, retail food stores, corporate kitchens, nursing homes, hospitals and schools. The project will also serve to promote regional food distribution, adding capacity to Baldor's current operation that already serves over 50 local farms and partners by distributing 40,000 cases of local product into the regional food system each week during peak season.

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Recent Private Companies Transactions

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