Food Chain - Issue 203 - December 2024 | Page 144

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“ During those early years , many of Homegrown ’ s back-office functions were performed by Renwood , but fast forward to 2022 , Mennel bought out the Renwood milling assets and we took full ownership of Homegrown , maintaining the majority under family ownership . At that time , we also took on the lease of a 50,000-square-foot warehouse in Conover , North Carolina , and 20 employees from Renwood came onto our payroll . It was at this time that we fully became our own operating company , so I think of us as being a little over two years old ,” he elaborates .
“ Our year one revenue roughly equates to our current monthly revenue , which illustrates the level of growth we ’ ve experienced over the years . We ’ ve experienced strong growth both organically and through acquisitions . In August 2023 , we acquired the branded dry mix business from Summit Hill Foods , a similar playbook to the Renwood Mills deal , bringing on some employees that were previously at Summit Hill Foods , and also acquiring equipment associated with the Branded business . It was an extremely busy period for us as we were also transitioning to a new ERP system .
“ We produce premium quality biscuit mix , pancake mix , self-rising and all-purpose flour , corn meal mix , bread mixes , batters , and grits . With our recent acquisition we have expanded our product portfolio to incorporate other dry mixes , such as soup and gravy . Our baking products can be found in most retail stores throughout the Southeast , such as Walmart , Kroger , Food Lion , etc . We also have a large focus on foodservice , selling mostly to broadline distributors , as well as producing some private label products . Alongside our product portfolio and acquisition strategy , a key factor of our success and growth is 144