Snack company relocates HQ to St. Paul

Flagstone Foods, one of the largest suppliers of trail mix and dried fruit snacks in the U.S., is now based in downtown St. Paul. The Pioneer Press reports the new corporate headquarters will employ about 45 people. Flagstone, previously called Snacks Holding Corp., was formed by San Francisco-based Gryphon Investors in November 2010. The company received $80,000 from the St. Paul Housing and Redevelopment Authority that won't have to be repaid as long as it hires 40 or more people.
Author:
Publish date:

Flagstone Foods, one of the largest suppliers of trail mix and dried fruit snacks in the U.S., is now based in downtown St. Paul. The Pioneer Press reports the new corporate headquarters will employ about 45 people. The company received $80,000 from the St. Paul Housing and Redevelopment Authority that won't have to be repaid as long as Flagstone hires 40 or more people.

Flagstone, previously called Snacks Holding Corp., was formed by San Francisco-based Gryphon Investors in November 2010. It is the holding company for Minneapolis-based Amport Foods and Maryland-based Ann's House of Nuts.

Next Up

Related

Cub Foods joins urban farming venture in St. Paul

J&J Distributing and New York-based BrightFarms have teamed up to build a new 38,000-square-foot hydroponic greenhouse in St. Paul. It is expected to generate more than 350,000 pounds of fresh produce a year, employ six people and create 50 jobs during construction. Stillwater-based Cub Foods says the locally grown food will arrive on its store shelves this fall.

St. Paul's Western Bank acquired by Omaha company

Family-owned Western Bank was sold to a Nebraska holding company, according to the Pioneer Press. Western Bank President and CEO Tony Lemaire, "It's business as usual, except with more products, technology and capacity to provide our customers an even better banking experience."

St. Paul's Lowertown ballpark now out for bidding

After city leaders huddled for several hours late Tuesday, St. Paul Mayor Chris Coleman announced Wednesday that the design-build contract for the $54 million Lowertown ballpark will be reopened for bids. The contract was originally awarded to Minneapolis-based Ryan Companies the day after the St. Paul Saints received $25 million in a state economic development grant.

2 downtown St. Paul institutions to close

The building that houses Eisenberg's Market is up for sale, and the third-generation fruit seller is shutting down after 75 years downtown, the Pioneer Press reports. And Twin Cities Magic and Costume Co. will operate in two locations through Halloween and then disappear from St. Paul entirely to focus its business in West St. Paul.

Could 'Amsterdam' bring life to downtown St. Paul?

Downtown St. Paul is probably not many Twin Citians first choice for live music. However, MPR reports that business is exceeding expectations at St. Paul's newest music venue, 'Amsterdam Bar and Hall.' There are even reports of people crossing the river from Minneapolis to see shows!

Historic St. Paul hotel building sold for $4.7M

The new owners of the downtown Lowry Hotel building, St. Paul-based Madison Equities, plans to open a street-level restaurant and bar by year's end, the Pioneer Press reports. A dining area on the 11th-floor roof will open next spring.