ROCK ISLAND, ILL. — U.S. Bank and The Business Valued Advisor Fund has closed on a deal that will provide Hill & Valley Inc. with $2.2 million to build a refrigerated warehouse and expanded commercial bakery in Rock Island. Founded in 1986, Hill & Valley makes sugar-free and no-sugar-added baked foods.
Hill & Valley said it plans to consolidate its operations from three existing buildings to a new location. The 136,000-square-foot bakery, office and warehouse will allow the company to expand its capacity, reduce its reliance on third-party warehouses, and provide enhanced food safety and product quality.