SAGE V FOODS, LLC. (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.