Mark Smucker to add chairman title in August. 

More than 1 billion sandwiches made in fiscal year.

Peanut butter recall will impact fiscal 2023 results.

Company also sees sales slip.

Smucker expects to reach threshold within next five years.

Transaction includes R.W. Knudsen and TruRoots.

Facility will be the third dedicated plant to the brand in Smucker’s network.