Wright Foods invests $53m to create more than 500 jobs

Wright Foods is to create 505 jobs and invest $53m over the next five years in North Carolina.

The firm is a food processing company that utilizes aseptic technology developed at North Carolina State University to package its products.

Wright Foods currently employs more than 80 employees in North Carolina.

“Consumers continue to demand more nutritious and better tasting foods and at the same time, they want foods that are convenient and affordable,” said J. Michael Drozd, president and CEO of Wright Foods.

“This expansion will allow us to grow to meet the needs of consumers. We are proud that the State of North Carolina recognizes the importance of agribusiness to our economy and our future.”

The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $1.5m.