Cuizina is a leading manufacturer of soups and sauces, selling its quality products into a variety of retail and wholesale channels. As part of the transaction, long time food industry executive Jamie Colbourne will also make an investment and serve on the company’s board of managers.
“We are pleased to support Cuizina founder Ric Ferrera and his management team in their quest to further grow the company,” said Stan McCammon, Joshua Green Corporation President and CEO. “The investment by Joshua Green Corp. and the expertise that Jamie Colbourne adds will provide us with a robust capability to add to our product mix, and to explore new avenues for growth. At the same time, it will allow our existing management team to focus on delivering the quality product and customer service for which we are known,” added Cuizina founder Ric Ferrera.
The commitment of Joshua Green Corp and Mr. Colbourne indicate that Cuizina will be active in working to grow its products, customers, and channels of distribution. “I have long been interested in finding a situation where I could be an investor and help make a difference in building a successful company within the food industry. Our partnership with Cuizina, Ric, and the rest of the team provides a terrific opportunity in pursuit of that objective,” commented Mr. Colbourne.
About Cuizina Food Company
Cuizina Food Company has produced high quality foods since its formation in 1984. As a present day manufacturer of soups, sauces, and pastas, the company uses all pure and natural ingredients. Cuizina products can be found at retailers, restaurants, grocers, and other purveyors of food, both nationally and internationally.
About Joshua Green Corporation
The Joshua Green Corporation is a Seattle investment company that is privately owned by descendants of Joshua Green. The company has its roots in the shipping industry dating back to the late 1800’s, and then expanded in the 1920’s into banking and insurance with its acquisition of People’s Bank and its investment in SAFECO. The Joshua Green Corporation invests for the long term, seeking to create value by investing in companies with good management teams and good long term business prospects. The Joshua Green Corporation seeks investment opportunities in both privately owned companies and the commercial and retail real estate markets.