Dawn Foods refinances
Jackson, Mich-based Dawn Food Products Inc. announced that its board of directors and senior leadership team closed an agreement in June that refinanced all company third-party debt. “We are excited that our exceptional financial reputation and strong strategic business plans have earned the confidence of a premium financial leader such as Wells Fargo that will partner with Dawn to provide the right resources for our future growth,” says Dave Knowlton, Dawn CFO. “We look forward to a long-term, positive relationship with Wells Fargo as we continue expanding our business while we keep investing in our foundation.”
As a global leader of the sweet bakery industry, Dawn is also exploring European financing options to enable further growth in that region. The family-operated company currently supplies a line of quality, consistent mixes, bases, icings, glazes, fillings, frozen dough, par-baked and fully baked products and equipment to the food industry worldwide.