Construction of the plant - to process eggs and pre-cooked egg products - is set to begin in summer 2018 and is expected to be completed in 2019.
Post Holdings said the facility is expected to create 100 to 150 jobs initially - ranging from entry-level to skilled - in management, operations, finance and production.
“We looked at numerous locations in the Midwest, and Norwalk had many advantages. We look forward to Michael Foods becoming a preferred employer in the area and being part of the community,” said Steve Schonhoff, the company’s senior VP of integrated supply chain.
Rob Vitale, president and CEO of Post Holdings, added: “We are delighted that the internal growth of Michael Foods supports this expansion… We believe it will further enhance our position as the nation’s leader in value-added egg products.”
Michael Foods, which Post Holdings acquired for $2.45bn in 2014, is headquartered in Minnetonka, Minnesota, producing brands like Papetti’s, All Whites, Easy Eggs, Simply Potatoes and Crystal Farms.