TH Foods Inc., headquartered in Loves Park, IL, is a leading manufacturer in the snack food industry. Founded in 1984 as Sesmark Foods, the company was later renamed Terra Harvest Foods in 1998 before becoming TH Foods in 2004. The company operates four domestic production facilities and specializes in manufacturing rice crackers, snack mix components, nuts, dried fruits, and confections.
TH Foods offers a diverse portfolio of snack products across multiple categories:
- Rice Crackers: The company's flagship product line includes various rice-based crackers, holding approximately 60% share of the US rice crackers market, with the Crunchmaster brand being a key offering - Snack Mix Components: Various snack components including sesame sticks, corn sticks, and wheat crackers manufactured using proprietary equipment - Specialty Products: Premium nuts, dried fruits, and confections, including dried fruit coated in yogurt and chocolate, added through the Terri Lynn acquisition - Better-for-You Snacks: Products catering to specialized diets including gluten-free, organic, non-GMO, kosher, vegan, vegetarian, and Paleo-friendly options
In March 2020, Kameda Seika increased its stake to 50% in TH Foods through acquisition of additional shares from Mitsubishi Corporation. The company has demonstrated significant growth, reporting sales of USD 222 million in 2019. In 2018, TH Foods expanded its portfolio through the acquisition of Terri Lynn, Inc., a supplier of nuts, dried fruits, and confections. The company continues to invest in innovation, having moved into a new state-of-the-art R&D facility in January 2019.
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