Beyond Meat is entering a 12-year lease in a new, nearly 300,000 square foot space at 888 N. Douglas Street in El Segundo, California. The building is currently under development by Hackman Capital Partners with anticipated completion in spring 2021. The site will serve as the company’s new state-of-the-art global headquarters, making it one of the world’s largest and most technologically advanced plant-based research centers. The cutting-edge campus is slated to open in fall of this year and is a substantial increase in the company’s footprint that will support best-in-class innovation, advanced research labs and the incubation of big ideas that further disrupt and define the plant-based market of the future.
Lineage Logistics announced the acquisition of Cryo-Trans, North America’s leading provider of refrigerated and insulated railcars and rail management solutions. This industry-first partnership creates a uniquely comprehensive and seamlessly integrated supply chain solution for food and beverage customers. Financial terms of the transaction were not disclosed.
Remilk, an Israel-based start-up producing identical dairy products through microbial fermentation, today announced the completion of its $11.3 million funding round. With this new capital, the company plans to rapidly expand its production and distribution capabilities, and meet global demand, for its revolutionary animal-free dairy products.
Danone North America's Two Good Yogurt is tackling food waste with the introduction of its Good Save product line, wrapping a year of commitment to positive impact for people and the planet for the brand. In partnership with Full Harvest, Two Good 'Good Save' uses Verified Rescued Produce to create lower sugar yogurt products with the goal of reducing food waste at the farm level. The product line is setting the standard for the emerging rescued foods market and is the first dairy product to utilize 100% Verified Rescued Produce. The initial offering features Meyer Lemons that are 100% verified rescued, with plans to launch additional flavors in 2021 and beyond.
We catch up with potato pioneers McCain Foods, our 2012 Frozen Foods Processor of the Year, to see how the company has evolved and expanded since then.