Universal Corporation has announced an approximately USD 30 million expansion project at its subsidiary Shank’s Extracts, a specialty ingredient, flavours and botanical extracts company, headquartered in Lancaster County, Pennsylvania.
As part of this multi-year project, Shank’s Extracts will expand its facilities to support current and future growth needs for additional liquid and dry manufacturing, packaging, and refrigerated storage. The project also includes installation of other manufacturing capabilities to better serve its customers. “We are excited to announce this expansion in our facilities at Shank’s Extracts that will enable us to enhance and expand the product offerings of our plant-based ingredients platform,” stated George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation.
Universal expressed appreciation for the support of the Commonwealth of Pennsylvania’s Department of Community and Economic Development (DCED) and the City of Lancaster for their coordination and support of this project. “Shank’s Extracts has a long and impressive history in Lancaster County, and DCED is proud to have worked with the company to ensure they continue to grow right here in Pennsylvania,” said DCED Secretary Rick Siger. “The Commonwealth has a lot to offer to food manufacturers, from our strategic location to our dedicated and skilled workforce.”