Bob Evans Announces Sale of Corporate Campus and Foods Facilities

By: WSAZ News Staff Email
By: WSAZ News Staff Email

COLUMBUS, Ohio (WSAZ) -- Bob Evans Farms, Inc. announced Friday the sale of its headquarters building in Columbus, Ohio, and two food production facilities, to New Mill Capital LLC, a Los Angeles-based company specializing in repositioning closed corporate facilities.

The headquarters building in the 3700-block of South High Street in Columbus is one of the last buildings on the company's almost 40-acre campus to be sold, following the company's March 2011 announcement that it was moving to New Albany, Ohio

The food production facilities sold to New Mill Capital are located in Springfield and Bidwell, Ohio.

In May 2012, the company announced plans for the consolidation of its Foods business and stated its intent to close the Bidwell and Springfield plants late this year.

The 43,700 square-foot Bidwell plant sits on 7.8 acres and manufactures cooked sausage patties and links.

The Springfield plant manufactures sausage, soups and gravies.

Bob Evans will lease the plants from New Mill until a final closing date is announced.

"It is our intention that our headquarters and two plants will remain thriving entities in their respective communities," says Joe Eulberg, the Bob Evans executive responsible for the campus initiative. "We believe that New Mill Capital will be a strategic and solid partner, investing in these communities and properties to realize their full future potential."

According to a new release, Bob Evans total investment in Ohio now totals $187 million dollars.

Bob Evans acquired Lima-based foods production plant Kettle Creations in August 2012, and in the fall began a nearly $27 million expansion that will double the size of the facility by adding 50,000 square feet. The company anticipates that the expansion will create 70 new jobs by 2015.

In addition, Bob Evans announced earlier this year that it was accelerating its Farm Fresh Refresh remodeling program.

At the end of April 2013, the company says it t will have remodeled 180 of its Ohio restaurants for a total investment of $43 million.

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