BOULDER, COLO. — Bars and snacks maker Bobo’s announced it is investing $10 million in a new facility in Loveland, Colo. As part of the investment, Bobo’s will consolidate its two bakeries (in Boulder and Loveland) and one warehouse (in Loveland) into one building, a move the company said will add 100,000 square feet of production space, allowing it to triple capacity to meet growing demand.
Bobo’s said it has experienced 36% compound annual growth rate since 2016, and in 2021 that figure is expected to grow to 40%.
As Bobo’s continues to expand, the company said it plans to prioritize sustainability objectives. By consolidating its current facilities, the brand is cutting down the amount of driving needed for materials and employees between facilities throughout the day, which is better for both its people and the planet, Bobo’s said.
“Bobo’s has seen exceptional growth over the last 18 months,” said TJ McIntyre,…