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. 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.