Chomps Secures $100 Million in Credit from Wells Fargo

Chomps has secured a $100 million revolving line of credit from Wells Fargo. This financing aims to enhance the company’s production capacity and support its expansion efforts in response to increasing consumer demand for its protein snacks.

Original excerpt: “Our relationship with Wells Fargo is an important step in securing for Chomps the resources necessary to meet the rapidly increasing demand for our products,” says Tim Bosslet…

Source: Food Engineering