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Holesome Donuts of Boone Announce New Manufacturing Plant

-Expected development in Philadelphia area -

Boone, N.C., February, 2021 -Locally owned Holesome Donuts announced today
that it is planning to build a new manufacturing plant in the Philadelphia area.
Building of the new plant is expected to start in June, 2020 and be completed by
February, 2021. The location of the new plant will be established at 700 South
Osage Ave. in the West Philadelphia neighborhood of Powelton Village.

Philadelphia city government officials have been negotiating with Holesome

company executives for two years in an effort to persuade them to open the plant in
Powelton Village.

The Holesome decision to open in Powelton Village is based to some extent on tax
incentives offered up by the City of Philadelphia. James Kenney, played a
instrumental role in finding a common ground for the Holesome company and the
city of Philadelphia.

According to the Holesome Company, they expect to bake and distribute up to

$3million worth of donuts per year out of the plant once it is in full operation

“We are excited to see everyone enjoy Holesome donuts as we do,” said Lonny
Strum, CEO and President of Holesome Donuts. “In addition to the plant, once in
full operation, we are expected to provide up to 700 full-time jobs.”

The construction is projected to cause mild traffic around the Powelton Village,
having been intermittently closed. Which applies to the 250 family homes are
located in the immediate vicinity of the plant.

Holesome has stated that they have plans to partner with Powelton Village
residents to revitalize the neighborhood. They also are considering establishing
scholarships for high school age residents to help them further their education at
nearby Drexel University.

James Kenney had this to say about the near future developments to Powelton and
the scholarship program at Drexel University. “I’m so proud to see local
companies like these take roots in our great city of Philadelphia”, adding “I see
great things from them quite soon”.

More information is expected to be released following the initial construction of

the plant in the month of June.

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About Holesome Donuts:

Holesome Donuts, with headquarters in Boone, N.C., operates

manufacturing plants in Oklahoma City, Dallas, Boston and Los Angeles.
Their donuts are sold at 1000 grocery stores throughout the United States,
as well as at 100 Holesome Donut retail shops in 20 cities. The company is
committed to improving the communities where they operate. More
information is available at www.holesomedonuts.com.

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