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    Campbell To Build $80M Plant for Fast Growing StockPot Division

    CAMDEN, N.J. -- Campbell Soup Co. disclosed plans to build a new $80 million, 220,000-square-foot culinary campus in Everett, Wash. for its fast-growing premium refrigerated soup business.

    CAMDEN, N.J. -- Campbell Soup Co. disclosed plans to build a new $80 million, 220,000-square-foot culinary campus in Everett, Wash. for its fast-growing premium refrigerated soup business.

    The new facility will enable the company's StockPot business to increase its production capacity by 50 percent when it relocates from its present campus in Woodinville, Wash. The new StockPot facility is expected to start up in the summer of 2006.

    Campbell acquired StockPot Inc., which makes restaurant-quality fresh refrigerated soups and sauces for the foodservice industry, in 1998. StockPot's products, which have achieved double-digit growth over the past four years, are sold across the U.S. as part of Campbell's Away From Home division.

    Archie van Beuren, Campbell's Away From Home president, Canada, Latin America, and Mexico Division, said: "Demand for StockPot soups is increasing dramatically through ongoing taste innovations and an absolute dedication to quality. Our new culinary campus will enable StockPot to continue to grow in the foodservice market, as well as with many leading food retailers who are increasingly recognizing that StockPot's line of high-quality refrigerated soup is a tremendous complement to their prepared foods offerings."

    Kathleen Horner, president of StockPot, said, "Everyone associated with StockPot is gratified that we will be relocating to Everett, which is only 15 miles from our current Woodinville campus. While the soups we make at our culinary campus have achieved national presence, Puget Sound is our home. We all deeply appreciate the help that was provided by so many individuals and agencies that have made it possible for StockPot to relocate in the area."

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