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.