(pronounced Sage Five) specializes in
producing rice based ingredients for use in processed foods and has
developed the most complete line of rice products in the industry.
The company was founded by Pete Vegas in 1992 as a subsidiary of
American Rice/Comet Rice (a large rice milling company) and operated under
the name Comet Rice Ingredients. The company was formed to create
innovative new applications for rice and develop new rice products to meet
those needs. The company started with rice flours and then expanded into
modified flours, specialty varieties of rice, instant rice, specialty
extruded products, specialty defatted products, and more recently has
focused its resources on developing a line of frozen rice. In October of
1998, management bought the company from American Rice, Inc. and renamed
the company Sage V Foods.
The headquarters for Sage V Foods is located in Los Angeles, CA. The
company owns and operates three processing facilities in Freeport, TX,
near a large rice mill. Sage V Foods has direct access to all types and
varieties of U.S. rice from both the southern rice growing areas and
California. The company contracts directly with farmers to grow specialty
varieties of rice and organic rice.