Connect with us

Technology

Americana and Farm Frites to expand MENA footprint with $100 million investment (SAR 375 million) in a state-of-the-art Greenfield Frozen French Fries factory in the Kingdom of Saudi Arabia

Published

on

Located in Sudair Industrial and Business City, Riyadh, the Greenfield Frozen French Fries factory is set to commission at the start of 2026, making this establishment the second Joint Venture ‘JV’ partnership between Americana and Farm Frites in the MENA region, to produce a varied range of Frozen French Fries and specialty potato products.The new facility will contribute to KSA’s Vision 2030 and aid in advancing KSA’s food security agenda, boosting local production. By installing capacity in KSA, we aim to participate in advancing the local agriculture landscape in KSA, support and empower local potato growers to further develop their farming practices, enhance crop quality and improve their yields.

RIYADH, Saudi Arabia, Nov. 27, 2024 /PRNewswire/ — The Agricultural Growth and Processing Company, a subsidiary of Americana Holding for Food Ltd, is set to expand its business operation with a significant $100 million investment (SAR 375 million) in a Greenfield Frozen French Fries manufacturing plant in Riyadh, Saudi Arabia. Following a strong three-decade partnership in Egypt with Farm Frites, a global leader in the cultivation of potatoes and production of Frozen French Fries, the new processing factory will be established in Sudair Industrial and Business City, pushing forward our partnership with Farm Frites to greater heights.

To commemorate this significant milestone, the Agricultural Growth and Processing Company (Americana and Farm Frites) held a lease-signing ceremony on November 20th, 2024, with the the Saudi Authority for Industrial Cities and Technology Zones in MODON Headquarters, in Riyadh, in the presence of MODON’s CEO, and hosted a Groundbreaking ceremony in Sudair Industrial and Business City on November 25th, 2024, to mark the commencement of construction for the new Frozen French Fries processing plant. The event was attended by esteemed government and ministerial delegates, and key stakeholders, including local potato growers, valued global, regional and local customers and key strategic partners.

The $100 million investment is a strategic step aligned with the Saudi Vision 2030 plans to diversify the Kingdom’s economy, while also contributing to its food security agenda by boosting local production and creating employment opportunities for KSA nationals, local potato growers and farmers. The investment by the Agricultural Growth and Processing Company will enable the company to expand its footprint in KSA, wherein Americana has been operating for over two decades, with two factories in Jeddah, Saudi Arabia.

Mohamed Ali Rashid Alabbar, Chairman of the Kuwait Food Company (Americana) KSCC commented: “We are excited to start the construction of our new Frozen French Fries plant in Saudi Arabia. Our partnership with Farm Frites dates back over three decades having been partners in Egypt since 1988. We are delighted to be renewing our long-standing relationship with a trusted partner, this time in Saudi Arabia, and are proud to be contributing to KSA’s Vision 2030 and championing efforts to increase local production in KSA. This was made possible through the vital support and collaboration of key government and institutional partners including but not limited to the Ministry of Investment, the Ministry of Environment, Water, and Agriculture, the Ministry of Industry and Mineral Resources and MODON, each playing a crucial role in our business expansion journey.”

Piet de Bruijne, Owner and Chairman of Farm Frites commented: “We are thrilled to once again join hands with Americana, building on a 30-year partnership of mutual growth and shared success. Among the 100 countries where Farm Frites is present in the world, KSA stands as the 5th largest market globally, reinforcing our commitment to the MENA region and to KSA’s growth and economic diversification. We remain dedicated to advancing the industry holistically, from agriculture and logistics to delivering superior value directly to our customers.”

The new facility will be established on a plot exceeding 100,000 square meters and will employ cutting-edge equipment and advanced technology to produce Frozen French Fries and other specialty potato products. The plant is set to be inaugurated in Q1 2026 and will have a total annual production capacity of 70,000 MT during phase one, with plans for future expansion in the future. Upon commencing operations, this will mark the second joint venture partnership between Americana and Farm Frites and with the new facility underway in Sudair Industrial and Business City, we are set to become the largest producers of Frozen French Fries in the MENA region.

Mohamed Safwat Moustafa, Managing Director of the Agricultural Growth and Processing Company concluded: “I am proud and deeply honoured to kick off this landmark new development in KSA. With a commitment to delivering excellence, we aim to establish a world-class facility right here on Saudi soil. I am looking forward to the opportunity to serve some of the most renowned customers, both globally and regionally, with a superior range of French Fries products, proudly made in KSA. This new facility reinforces our dedication to quality, innovation, and the Kingdom’s potential.”

About Americana

Established in 1964, Americana Foods is one of the largest FMCG companies in the MENA region. From our humble beginnings in Kuwait, to our strong presence and extended reach in KSA, UAE, and Egypt, we have over decades grown to become a trusted household brand name in the region and beyond. Americana operates a diverse portfolio of products across several categories including but not limited to frozen processed products (poultry, beef and seafood), frozen fruits and vegetables, canned and packaged food, sweet and savory snacks. With 19 production facilities across the MENA region, direct route-to-market and distribution network in 4 key operating markets, and presence in 50+ countries across the world, Americana continues to be at the forefront of the industry, continually pushing the boundaries of quality and taste, enriching consumers’ lives through the joy of food.

About Farm Frites

Founded in 1971 as an independent family business, Farm Frites was born from a passion for potato cultivation and crafting quality fries. Over the past five decades, this passion has driven our growth into a global enterprise. Today, we process over 1.2 million tons of potato products annually and serve more than eighty types of fries, potato specialties, and appetizers to foodservice providers all over the globe. While our operations have grown, our primary focus remains unchanged: to serve happiness, from field to plate. Our team has expanded to over 1,600 colleagues across 6 manufacturing facilities and 43 global sales offices, serving foodservice entrepreneurs in over 100 countries. 

Photo: https://mma.prnewswire.com/media/2568359/Americana_Farm_Frites.jpg

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/americana-and-farm-frites-to-expand-mena-footprint-with-100-million-investment-sar-375-million-in-a-state-of-the-art-greenfield-frozen-french-fries-factory-in-the-kingdom-of-saudi-arabia-302317234.html

SOURCE Americana

Continue Reading

Technology

TeamLogic IT Honors Top Franchisees, Brings Leading Industry Experts Together at TeamLogic IT Owners Summit Convention

Published

on

By

MISSION VIEJO, Calif., Oct. 21, 2026 /PRNewswire/ — TeamLogic IT, a national provider of managed IT services and technology support, celebrated the achievements of its franchise network at the company’s annual Owners Summit and Vendor Show, held October 5-8, 2026. The event brought together TeamLogic IT franchisees, vendors and partners for a week of learning, collaboration and connection, culminating in the recognition of the network’s top-performing franchisees.

“One of the things that makes TeamLogic IT so special is the strength of our franchisee community. Our TeamLogic IT franchise owners represent the very best of the managed services industry,” says Richard Lowe, president and CEO of TeamLogic, LLC. “Owners Summit gives us the opportunity to come together, exchange ideas and celebrate what we’ve accomplished as a network. Recognizing our top-performing owners is always a highlight. Their leadership and commitment to delivering high-quality technology solutions are helping drive our network forward and strengthen the TeamLogic IT brand nationwide.”

The sold-out vendor exhibition featured more than 70 leading companies in the technology industry, including Pax 8, the conference’s signature sponsor, Bitdefender, Blackpoint, Cytracom, Sophos, Kaseya, N-able, NinjaOne, Proofpoint, Rewst, Slide and more.

At a closing ceremony, the following awards were presented:

Franchisee of the Year: Arti Dutt – West Northridge, CA

Rookie of the Year: Reese Verschelde and Corey Gisondi – Bryn Mawr, PA

Technician of the Year: Federico Hansen – N. Palm Beach, FL

VIP (Volume Increase Percentage)
Larry Anderson and Tony Anderson – Montgomery, ALSteve Anderson – Johns Creek, GATop 15 (Based on 2025 sales)
Jim Hackett and Andrew Hackett – Woburn, MATodd & Linda Harrell – Morris Plains, NJTodd & Ruth Tolly – Santa Rosa, CAPaul Behrman & Nadia Pukhova – Lake Forest, CACory & Kathleen Boxall – Ashburn, VARob Fallows & Chris Kasten – Phoenix, AZKirk Gramoll and John Halama – Germantown, WICindy McPike, Cameron Nelson, and Jacob Harrington – Salem, ORBob Roloff – Ft. Myers, FLDwight & Allison Blankenship – Columbus, OHRick Higgins – Dunwoody, GADan & Becky Thomas – Durham, NCScott Daniels – Naples, FLEric Summers – Des Moines, IARandall Wilson – Decatur, ALMillion Dollar Club
Kyle Temple – Richmond, VAJeremy Mason – East Madison, WIJoseph & Joyce Tauras – Manchester, NHSandeep Kaushal – Vernon, CTJim & Mikki Young – Lake Arlington, TXSteve & Jamie McGlumphy – Aurora, ILMike Treiser and Danny Ramey – Denver West, COMayank & Jaimini Patel – Niles, ILAllen Chu – White Plains, NY

About TeamLogic IT
TeamLogic IT is a national provider of advanced technology solutions for companies of all sizes. Local offices provide clients with the IT support they need to run their businesses more efficiently by leveraging the latest technology solutions, including managed IT services, cybersecurity, business continuity, cloud, co-managed IT services, managed AI, and consulting and support. With more than 350 independently owned and operated locations across North America, TeamLogic IT helps companies minimize downtime, improve productivity and secure their IT infrastructure. Visit www.teamlogicit.com or www.TeamLogicFranchising.com for more information on the TeamLogic IT franchise network.

View original content to download multimedia:https://www.prnewswire.com/news-releases/teamlogic-it-honors-top-franchisees-brings-leading-industry-experts-together-at-teamlogic-it-owners-summit-convention-302915763.html

SOURCE TeamLogic, LLC

Continue Reading

Technology

Mili and Egnyte Partner to put Client Documents to work in Financial Advice

Published

on

By

The partnership brings Egnyte’s secure content platform and Mili’s AI agents together, so advice firms can deliver more comprehensive, personalized advice at scale.

SUNNYVALE, Calif., Oct. 21, 2026 /PRNewswire/ — Mili, an AI platform for wealth management firms, and Egnyte, a leader in secure content collaboration, intelligence, and governance, today announced a partnership that brings Mili’s AI agents to client documents in Egnyte. Advisors work from a file or a whole client folder alongside data from the firm’s CRM, portfolio and planning systems, under each advisor’s Egnyte permissions.

Kitces Research finds that reviewing client documents is the most common way advisors use AI. Its productivity research puts a new financial plan at 15 to 40 hours of team time.

Advisors use Mili’s agents to model the tax cost of moving a client’s accounts into the firm’s strategy, weigh a rebalance against unrealized gains, summarize a bonus agreement and build a financial snapshot from a statement. The agents link answers to their sources and flag what an analysis may still need.

David Ringler, Managing Director at Onyx Bridge Wealth Group ($1.6B+ AUM), said, “Egnyte and Mili are two valuable pieces of technology in our stack, and bringing them together has changed how our practice runs. Mili’s meeting prep and planning agents have become significantly better with Egnyte data behind them.”

Chirag Gandhi, Co-Founder and CEO of Mili, said, “How many clients an advice firm can serve well has long been capped. It is set by the work of understanding each client’s financial life. Agentic AI is changing that, helping advice firms uplift client capacity by accelerating the delivery of high-quality advice.”

Kyle Blair, Director of Global Financial Services at Egnyte, said, “Egnyte helps financial services firms accelerate critical business operations by turning document-heavy tasks into faster, connected, and revenue-generating workflows. Our partnership enables Mili’s AI agents to securely access and work on customer data within Egnyte for better business outcomes.”

The integration is live for mutual customers. Building on Mili’s work with hundreds of advice firms, it aims to put a firm’s full client knowledge into its advice.

About Egnyte

Egnyte is a leader in secure content collaboration, intelligence, and governance, trusted by more than 23,000 customers to increase employee productivity, drive operational efficiencies, and secure mission-critical content. Egnyte’s AI-powered platform empowers organizations to create, share, and protect their information at scale, with specialized solutions designed to meet the unique needs of organizations in architecture, engineering, and construction (AEC), financial services, life sciences, and other industries. For more information, visit www.egnyte.com.

About Mili

Mili is an AI platform for wealth management firms. Its specialized agents automate advisor workflows across meetings, prospecting, onboarding, planning, data management, document intelligence, and compliance. Mili is SOC 2 certified, ISO 27001 compliant, and works with RIAs and broker-dealers managing $250B+ in client assets. Learn more at getmili.ai.

Media Contact

Chirag Gandhi
chirag@getmili.ai

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/mili-and-egnyte-partner-to-put-client-documents-to-work-in-financial-advice-302915772.html

SOURCE Mili

Continue Reading

Technology

QUANTUM CONNECTIONS PROMOTES JAMES “JAMIE” GRIFFETH TO CHIEF OPERATING OFFICER AND DIRECTOR OF THE DIALOGUE TRAINING INSTITUTE

Published

on

By

DALLAS, Oct. 21, 2026 /PRNewswire/ — Quantum Connections® has promoted James “Jamie” Griffeth to Chief Operating Officer. Griffeth joined the organization in September of 2025 as Chief Learning Officer and will continue to serve as Director of the Dialogue Training Institute in addition to his new responsibilities.

Since joining Quantum Connections, Griffeth has focused on the organization’s learning mission. He designed a four-tier practitioner credentialing framework, architected the Quantum Dialogue Profile behavioral assessment, led the migration to a new enterprise learning management system, and built the organization’s localization pipeline—delivering that training in French Canadian with Spanish and Chinese queued as next languages.

Griffeth’s expanded role brings together organizational operations and learning leadership around multiple goals: maintaining the company’s infrastructure in ways that align with its mission, expanding the certified leadership network, and continuing to make dialogue skills easier to access, practice, and apply in everyday life.

“Jamie has earned my complete trust and admiration thorough his exceptional leadership, strategic thinking, and ability to turn vision into execution.” Said Dr. Jonathan Thorp, Chief Executive Officer of Quantum Connections. “When I asked him to success me as Chief Learning Officer, I already knew he was capable of great things. His performance has only reinforced that confidence. I’m delighted to recognize his contribution with this promotion and look forward to partnering with him as we continue building the future of Quantum Connections.”

Griffeth will continue to support Quantum Connections’ mission by preparing the company for sustainable growth while maintaining the quality and consistency of its learning experiences. By linking program delivery to assessments and evidence, Griffeth aims to use technology to expand its reach to more partners and clients, helping them understand how to apply dialogue skills and the outcomes that follow.

About Quantum Connections
Quantum Connections, founded by renowned relationship experts Harville Hendrix, Ph.D., and Helen LaKelly Hunt, Ph.D., leverages over 40 years of expertise to provide individuals and organizations with invaluable relational competency skills rooted in neuro and quantum social sciences. Quantum Connections serves small businesses, large corporations, global faith communities, educational institutions, and community organizations, as well as individuals, couples, and families, offering live and on-demand training, coaching certification, and resources to foster authentic connections through effective communication and skill development.

View original content to download multimedia:https://www.prnewswire.com/news-releases/quantum-connections-promotes-james-jamie-griffeth-to-chief-operating-officer-and-director-of-the-dialogue-training-institute-302915777.html

SOURCE Quantum Connections LLC

Continue Reading

Trending