Did Kellogg’s recently open a new facility?

We kid! In today’s cereal news, Malt-O-Meal, makers of everyone’s favorite discount, bagged, “compare-to” breakfast cereals, announced it is expanding its manufacturing plant in Asheboro, North Carolina.

Malt-O-Meal CEO Chris Neugent excitedly described plans for the plant to Matthew Burns of WRAL:

"Our plant in Asheboro is the newest, most modern breakfast cereal plant in the United States."

The $135 million investment, $350,000 of which comes from a grant from One North Carolina Fund, which "provides financial assistance to attract business projects that stimulate economic activity and create jobs." The project will take three years to complete and will create 80 jobs for the community.

Via WRAL.

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