California-based Pegasus Foods Inc. plans to invest $10 million to build a manufacturing facility near Dallas.
The 80,000-square-foot unit will be constructed in Rockwall. Pegasus officials joined Texas Gov. Greg Abbott in Austin for Monday's announcement.
"Once again, a California company has decided there is no better place to grow and operate a business than the Lone Star State,” said Abbott. “Less government, lower taxes, smarter regulations and right-to-work laws create an economic framework that allows free enterprise to flourish and attracts employers to our large cities and small towns. Texas offers room to grow, and I look forward to welcoming even more businesses from California."
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The complex will expand the company's food production capacity. The Pegasus project is expected to create at least 325 jobs.
“We are excited to grow our business in the Lone Star State where the political leaders understand the importance of creating a business-friendly environment,” Pegasus Foods Principal Jim Zaferis said. “We will proudly become part of the community of Rockwall and manufacture safe food of great quality while employing and improving the quality of life for our newly hired fellow Texans.”
The Los Angeles-based company provides frozen foods products to grocery stores, including many restaurant brands. Customers include Trader Joe's, Chili's, Panda Express, Cinnabon and Walmart.