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Continental Mills, Inc. Announces Sale of Industrial Food Coatings Business to Newly Weds Foods

TUKWILA, Wash., Oct. 9, 2012 /PRNewswire/ -- John Heily, President and CEO of Continental Mills, a Tukwila, WA company announced today that they have sold their Industrial Food Coatings Business, including a 55,000 sq. ft. manufacturing facility in Pendleton, Oregon, to Newly Weds Foods. Newly Weds Foods is a privately held company based in Chicago, Illinois and has a number of industrial manufacturing facilities nationally and internationally. The transaction will be complete Tuesday, October 9, 2012.

"The focus of Newly Weds Foods is the industrial food industry, and by selling this division of Continental Mills, it gives us the resources to invest and focus on our branded business which include Krusteaz© pancake and baking mixes and Ghirardelli brownies and cookie mixes, as well as a number of other labels."

About Continental Mills, Inc.
Continental Mills, Inc. is a privately held manufacturer and marketer of prepared flour mixes and related products, located in Tukwila, WA. The company has strong branded products sold primarily under its Krusteaz© trademark and several licensed brands. The company's products are sold through retail, foodservice, and club store channels throughout the United States.

SOURCE Continental Mills, Inc.