CANADA, Vancouver. Nabati Foods Global, a plant-based food tech company offering whole, natural, plant-based foods, announced that it has completed the construction of a brand new manufacturing facility. The new production facility in Edmonton, Alberta is five times larger than The Company's pilot facility and will serve to support the company's continued growth.
The construction of this capital asset follows the completion of Nabati Foods’ successful oversubscribed financing of $7.7 mill. and positions it to fulfill wholesale orders and support its growth in the U.S. as well as support market entry into the EU.
The extra square footage will enable the Company to house its full research and development (R&D) department and expand its team 150% to 15 members with room to grow the team further. In addition, the facility will be able to simultaneously produce 1.2 mill. pounds of plant-based cheeze and 1 mill. pounds of plant-based meat, with room to expand capacity further. This additional R&D capacity will also give Nabati the ability to put additional resources into product development.
Nabati Foods products are served across North America. All Nabati products are gluten-free, kosher, vegan, and non-GMO.