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Kronos Foods, Inc.

January 2009

$15 million

Fund: CPA®:17 – Global

Financing: Growth Financing

Facility Type: Manufacturing

Location: Glendale Heights, IL

  • Kronos is a specialty manufacturer of Mediterranean and Greek food products. Kronos played a large role in introducing the gyro, a blend of lamb and choice beef with Greek spices, to the United States. Today, Kronos is the nation’s leading manufacturer of gyros meat.  In addition, it is a leading producer of related products such as flatbread pita and tzatziki sauce, and is the country’s foremost specialty baker of baklava and other premium fillo dough-based pastries.
    • Over the next nine months, CPA®:17 – Global expects to make an additional investment to renovate the facility into a state-of-the-art food production facility for Kronos. Upon completion, Kronos will consolidate its Chicago operations into the new location.