BRIEF

on The Fresh Factory B.C. Ltd. (isin : CA35805H1055)

The Fresh Factory Highlights State Support and Growth During Illinois Treasurer's Visit

CAROL STREAM, IL—The Fresh Factory B.C. Ltd., a company dedicated to producing fresh and health-conscious food and beverage options, recently hosted Illinois State Treasurer Michael Frerichs. The visit highlighted the positive impact of the Illinois Growth and Innovation Fund (ILGIF) on businesses like The Fresh Factory. ILGIF, initiated by Treasurer Frerichs' office in 2016, invests in local technology ventures to spur growth and innovation across Illinois.

The Fresh Factory, which started its operations in 2017, has seen significant expansion in both its workforce and production facilities, primarily located in Carol Stream. The company leadership provided Treasurer Frerichs with a tour of their operations, demonstrating their advancements in technology and their commitment to community and sustainability.

During his visit, Treasurer Frerichs praised the contributions of companies like The Fresh Factory to the state’s economy, emphasizing job creation and innovation fostered through state-supported funds like ILGIF. The Fresh Factory’s CEO, Bill Besenhofer, highlighted their journey from a small team to over a hundred employees, underscoring continuous technological investments and operational scale-ups to better serve their clientele.

R. E.

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