10:29 AM EDT, 05/15/2024 (MT Newswires) -- CAVA Group ( CAVA ) said Wednesday it opened a new food production and packaging facility in Verona, Virginia, with an initial investment of about $35 million.
The 55,000-square-foot facility produces dips, spreads, and dressings for its restaurants and consumer packaged goods business, the company said. It has a production capacity of over 100,000 pounds per day.
Adding this facility increases CAVA's ( CAVA ) capacity to serve at least 750 restaurants and expand its consumer packaged goods business, the firm said.
Price: 77.74, Change: -0.77, Percent Change: -0.98