Pepperidge Farm, Incorporated based in Norwalk, Connecticut is a leading provider of premium quality fresh bakery products. It is a subsidiary of Campbell’s Soup Company. Pepperidge Farm chose to invest $93M for a 227,000 square foot expansion of its facility located in Willard, OH. The plant expansion will create 50 new jobs and retain 524 jobs in Huron County. To help with the expansion, the Huron County Development Council partnered with DFA to provide $40M for the building construction.
The Value Provided
Find the most reasonable and cost effective method to finance new construction.
Benefits of Working with us
- DFA’s extensive experience in structuring capital leases.
- Pepperidge Farm gains tax advantages and nominal-cost ownership options from capital leasing.
- DFA conduit financing resulted in a reduced interest rate.
Project Cost: $93,235,649
$40,000,000 – DFA Capital Lease
$53,235,649 – Machinery & Equipment Private Capital
$93,235,649 – Total