Related Searches: Tea Vitamin Nutrients Ingredients paper cup packing

Food & Health Ingredients
Health & Nutrition
Processing & Packaging
Starch & Starch Derivatives

Maple Leaf Foods to open $310m plant-based protein facility in Indiana

foodprocessing-technology 2019-04-18
Share       

       Canadian consumer packaged meats company Maple Leaf Foods, along with its subsidiary Greenleaf Foods SPC, has revealed plans to build a $310m plant-based protein facility in Shelbyville, Indiana, US.

       Maple Leaf Foods claims that the 230,000ft2 plant will be the largest facility and investment of its kind in North America.

       The facility, which will produce tempeh, franks, sausages and raw foods, will double the company’s existing manufacturing capacity and support a pipeline of innovation to meet rising consumer demand and fuel market growth.

       Maple Leaf Foods president and CEO Michael McCain said: “With Lightlife and Field Roast, we own the leading brands in the North American refrigerated plant-based protein market.

       “We will continue to meet the rapidly growing demand for delicious protein alternatives and create a centre of excellence for innovation.”

       “This investment will secure our ongoing leadership in this rapidly expanding market. By establishing a large-scale North American network, we will continue to meet the rapidly growing demand for delicious protein alternatives and create a centre of excellence for innovation.

       “It will escalate the financial contribution of this business and advance Maple Leaf’s vision to be the most sustainable protein company on earth.”

       The Shelbyville facility will secure about $50m in government and utility grants and incentives, which includes $9.6m toward capital and one-time start-up costs, as well as $40m to support operations for a period of ten years.

       Approximately 460 people are expected to be employed at the Shelbyville plant upon completion of the start-up.

       Construction work at the site will begin later this year and production is expected to begin in the fourth quarter of 2020.

       The Canadian firm said it will invest nearly $26m to keep pace with the ongoing growth in demand at its existing plants.

       Maple Leaf anticipates that the investment would further strengthen its presence in the plant-based protein market.

       Last November, Maple Leaf Foods unveiled its plans to build a poultry facility in London, Ontario, with an investment of C$660m ($497m).

E-newsletter

Subscribe to our e-newsletter for the latest food ingredients news and trends.

Tags

Recommended Products

32 Heads Mixing Multihead Weigher

32 Heads Mixing Multihead Weigher

Centrifugal sieve

Centrifugal sieve

Jane Coleman small molecule citrus film

Jane Coleman small molecule citrus film

Starch derivatives

Starch derivatives

Yibisheng yeast Ibsium

Yibisheng yeast Ibsium

Pneumatic ball valve thin

Pneumatic ball valve thin

Top

SJGLE B2B Website : 中文版 | ChineseCustomer Service: 86-400 610 1188-3 ( Mon-Fri 9: 00-18: 00 BJT)

About Us|Contact Us|Privacy Policy|Intellectual Property Statement

Copyright 2006-2023 Shanghai Sinoexpo Informa Markets International Exhibition Co Ltd (All Rights Reserved). ICP 05034851-121