Pacific Grain Products is losing its Inc., but that's about all.
The Woodland supplier of grain-based ingredients has been bought by a Tennessee company that plans to keep the local company's operations and management as is.
AC Humko, a Memphis-based subsidiary of international food industry giant Associated British Foods in London, closed its purchase of Pacific Grain Products on Nov. 24. The terms of the deal were not disclosed.
Pacific Grain, which employs 115, becomes the seventh operating unit of AC Humko.
The new parent company is a leading supplier of rice products, store-brand cooking oil and shortening products to the wholesale and retail food industry. …