SunOpta, Inc., a producer of organic and plant-based products, has announced it will invest $26M into its Minnesota-based oat processing facility. The expansion will help it meet the rising demand for oat milk in the USA.
SunOpta Marks 50-Year Milestone in Plant-Based Food Production
SunOpta, a US-based food and beverage company specializing in sustainable plant-based beverages and ingredients, is marking its 50th anniversary by reflecting on its five-decade journey. Established in 1973 under the name StakeTech, the company initially focused on biomass conversion for animal feed. Over the years, it underwent strategic shifts, entering diverse sectors like industrial minerals and eventually moving into the natural and organic foods industry. In 2003, StakeTech rebranded as SunOpta to reflect its commitment to producing plant-based products with ingredients grown using the sun. The company first entered the soy milk market over two decades ago and proceeded to execute 37 acquisitions in the food and beverage sector between 2000 and 2015, including Simply Organic, Pacific Food Processors, and multiple processing facilities, which are …