Shearers Foods

Manufactures diverse range of snack foods

Massillon, Ohio, United States

About Shearers Foods

Shearer's Snacks offers a robust work environment leveraging advanced manufacturing facilities and sustainable production approaches to create a diverse array of snack foods. The company's emphasis on environmental sustainability not only meets industry standards but also fosters a culture of responsibility and innovation among its team members. This focus on eco-friendly practices and state-of-the-art technology makes it an appealing workplace for those passionate about sustainable practices and cutting-edge manufacturing processes.

Massillon, OhioHeadquarters

1974Year Founded

$53MTotal Funding

DEBTCompany Stage

Food & Agriculture, Consumer GoodsIndustries

11-50Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Flexible Spending Account

401(k) Company Match

Short Term Disability

Long Term Disability

Group Critical Accident Insurance

Group Critical Illness Insurance

Employee Assistance Plan

Risks

Closure of Lubbock facility indicates potential volatility in customer relationships.

Class action lawsuit for unpaid overtime could lead to financial liabilities.

Acquisition by Clayton, Dubilier & Rice may disrupt current operations or morale.

Differentiation

Shearer's Foods offers a wide range of gluten-free and non-GMO snack options.

The company is a leading private label supplier in the North American snack industry.

Shearer's Foods invests in sustainable packaging to meet consumer expectations.

Upsides

Shearer's Foods received $12.5M in tax credits for a new facility in Moraine.

The company plans a $106M investment in facility renovation and equipment upgrades.

Growing demand for private label products aligns with Shearer's market position.

Funding

Total raised$53.00 M

StageDEBT

DEBT

3/31/2010

Prospect Capital Corporation

$35