Reuters announce yesterday that Impossible Foods has partnered with major meat supplier OSI Group [OSIGP.UL], large scale producers of hamburger patties, as it steps up production to meet growing demand for its customers including Burger King, which sells its product in the form of the Impossible Whopper.
In late July, Impossible publicy stated that it is “absolutely back in business” and ready to meet the scale of production which was previously undersupplied. This new partnership explains how exactly they will be able to carry out such work on a vast scale.
“We got ourselves into a supply-demand imbalance in which we frankly just did not anticipate the level of demand that came from consumers,” Sheetal Shah, Impossible Foods’ senior vice president of product and operations, said to Reuters.
OSI is a privately-held firm based in Illinois, which has been supplying McDonald’s with meat patties for around 60 years and has 65 facilities in 17 countries. Shah commented that Impossible and OSI will be funding production facilities and that Chicago factories will begin with the imminent supply chain to Burger King.
Declining to answer as to whether McDonald’s might be a possible future partner, Shan said, however, “I see no reason why we shouldn’t be able to go anywhere and everywhere.”
Also this July, Impossible Foods revealed plans to expand into Asia, which accounts for more than 46% of the world’s meat consumption, and that it is currently working on the development of fishless fish.