Alternatives Cargill invests additional $75 mill. in pea protein production
This investment will position the firm to keep up with the ever-increasing demand for its category leading pea proteins, starches and fibers all grown and produced through its unique vertically integrated and transparent supply chain.
Puris will now own and operate three facilities in North America solely focused on pea protein production: Turtle Lake, Wis.; Oskaloosa, Iowa; and Dawson, Minn. With engineering complete on the Dawson facility, construction to retrofit it for pea production will start immediately, with an anticipated operational start date of late 2020.
Cargill announced its joint venture with Puris in January 2018, with an initial investment of $25 mill. that was used to add substantial capacity at the Turtle Lake, Wis. production facility. Pea protein broadens Cargill’s portfolio of alternative proteins, such as cell-cultured protein, to meet consumer dietary preferences.