NCSU spinoff to open Troy food plant
Posted November 1, 2011
Troy, N.C. — A fruit and vegetable processor spun out of North Carolina State University plans to open a plant in Montgomery County, creating 75 jobs over the next three years, officials said Tuesday.
Aseptia Inc., which will do business as Wright Foods, plans to invest $10.15 million in the Troy plant.
Aseptia was incorporated in North Carolina in 2006 after licensing N.C. State technology to produce shelf-stable food products that maintain the flavor, color and nutrients of fresh foods without refrigeration. The Wright Foods’ facility will focus on producing retail food products for other companies, and whenever possible, it will use fruits and vegetables from local sources, officials said.
“Consumers are demanding more nutritious and better tasting foods, and at the same time, they want foods that are convenient and affordable," J. Michael Drozd, Aseptia president and chief executive, said in a statement. “Aseptia’s technology enables the production of food products that meet this ever-growing consumer demand."
The average annual wage for the new jobs will be $31,470, plus benefits. Montgomery County's average annual wage is $28,808.
Aseptia qualified for a $150,000 grant from the One North Carolina Fund, which provides financial assistance to attract business projects to the state. Companies receive no money up front and must meet job and investment targets to obtain the funds.