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Tastykake Relocating to the Navy Yard

Tasty Baking Company Announces Relocation To New, State-Of-The-Art Facilities At The Navy Yard In Philadelphia

New manufacturing facility is expected to improve production efficiency and innovation

Tasty Baking Company announced on May 9, 2007, that it has entered into an agreement with Liberty Property/Synterra Limited Partnership to relocate its Philadelphia operations to leased facilities at The Navy Yard, which is a commercial and industrial development center in Philadelphia. The Navy Yard will be home to a newly constructed, state-of-the-art Tastykake bakery and a “green” corporate headquarters, representing a milestone in the company’s history.

The plan to relocate the Philadelphia operations is the result of a comprehensive operational review of strategic manufacturing options, which was announced in May 2006. The company currently produces the vast majority of its products at a six-story manufacturing facility that was built in 1922 and utilizes 15 production lines.

The new bakery will be a 345,500 square foot building on 25 acres, which will include the production facility, a warehouse and a distribution center. The building will be designed and built by Liberty/Synterra. When complete, the new bakery will house state-of-the-art production and packaging lines, as well as a distribution center. The design also includes a mezzanine that will allow public tours to view Tastykake production.

In addition to facility leases, Tasty Baking plans to purchase new high-tech, modern baking equipment. This equipment is designed to increase product development flexibility and efficiency, while enabling the company to provide the same delicious taste that consumers have enjoyed and trusted for almost 100 years. Tasty Baking Company expects the new baking facility to be fully operational in 2010.

Extras:
View more pictures of our planned facilities.
Official company press release.


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