SALT LAKE CITY — CSM Bakery plans to expand its facility in Pleasant View, Utah, adding a new cookie line this year and doubling the facility’s size over the next six years. Approximately 100 new jobs will be created as part of the expansion, the company said.
Headquartered in Tucker, Ga., CSM Bakery operates 11 manufacturing facilities and 2 research and development centers. CSM produces a variety of cakes, cookies, brownies, muffins, bakery mixes, icings, toppings, fruit and crème fillings and laminated dough and pastries. CSM sells goods in different formats, including finished goods, ready-to-bake and baking components. Major customers include grocers, food retailers, bakeries and food service operators.
As part of a contract with CSM Bakery, the board of directors of the Utah Governor’s Office of Economic Development has approved up to a maximum tax credit of $313,524 in the form of a post-performance Economic Development Tax Increment Finance (EDTIF) incentive, which is 20% of the new state taxes CSM Bakery will pay over the six-year life of the agreement. Each year as CSM Bakery meets the criteria in its contract with the state, it will earn a portion of the total tax credit incentive.
