Frozen foods companies Twin City Foods Inc. and Smith Frozen Foods Inc. have signed an agreement to merge, with terms of the deal still being finalized, according to a release distributed by Twin City Foods.
The new parent company will be named TCF Holdings Inc., and according to the release, the partnership represents a strategic alignment of resources and capabilities to meet demand and support local farmers.
Twin City Foods, which is headquartered in Stanwood, Wash., has been in business providing quick-frozen vegetables to the consumer markets for more than 80 years. According to its Web site, it owns three processing plants in Washington and Michigan, as well as four cold storage facilities with combined storage capacities of roughly 137 million pounds of frozen vegetables.
Smith Frozen Foods was founded in 1919 by Albert Smith and eventually purchased by Gordon and Sharon Smith. Today, the Weston, Ore.-based processor specializes in frozen peas, corn, carrots and lima beans.
The merger is expected to close in the second quarter of 2024.
