Big Snack Co. Moves to Downtown St. Paul; Hiring Underway
Flagstone Foods—one of the nation’s largest suppliers of trail mixes, dried fruit, and other snack mixes—has relocated its corporate headquarters to downtown St. Paul.
The company announced Monday that it moved into the Lawson Commons building, located on St. Peter Street between Fifth Street and Sixth Street. It claims to be the first food company to locate its corporate offices in the heart of St. Paul.
Flagstone recently changed its name from Snacks Holding Corporation. It was formed in November 2010 when San Francisco-based private equity firm Gryphon Investors bought two independent companies—Ann’s House of Nuts, a major manufacturer and marketer of dried nuts, and Minneapolis-based American Importing Company (best known as Amport Foods), a major manufacturer and marketer of dried fruits.
Flagstone CEO Paul Lapadat told Twin Cities Business on Tuesday that the snack company moved its headquarters to St. Paul from Richfield, and the Ann’s House of Nuts corporate headquarters is in the process of relocating from Columbia, Maryland, to the new St. Paul facility. (Several functional support employees at Amport moved to St. Paul as well.)
Flagstone is in the process of hiring for more than 30 jobs at its new headquarters building, some of which moved from Maryland. A number of positions are still posted on the company’s website—and they span a wide range of functions, including marketing, customer service, human resources, materials planning, packaging purchasing, food science, and financial analysis.
Lapadat said that the St. Paul headquarters will house roughly 45 workers after the hiring has been completed, which he expects to occur within the next 45 days. At that time, Flagstone will employ about 450 in the Twin Cities area (including approximately 400 at Amport's manufacturing facility in Minneapolis) and 1,100 total. In addition to its local operations, Flagstone operates several manufacturing and warehouse locations in Robersonville, North Carolina.
Because Flagstone is a private company, it doesn’t disclose annual revenue, but Lapadat said that it works with “all of the major retailers” and aims to become “a $1 billion healthful snacking company.”
Flagstone said that it aims to grow organically but is also looking for acquisition opportunities. Its management team is comprised of executives who have worked at food giants ConAgra, General Mills, Kraft Foods, Pillsbury, Michael Foods, and Ralcorp, as well as Procter & Gamble.