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0 0 0 0 0.00364963503649627 0.00364963503649627 -0.0383211678832117 -0.031021897810219
Stock impact report

SunOpta Invests $26 Million To Expand California Plant-Based Beverage Processing Facility [Yahoo! Finance]

SunOpta, Inc. (STKL) 
Last sunopta, inc. earnings: 2/27 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.sunopta.com/investor-relations
Company Research Source: Yahoo! Finance
MINNEAPOLIS, June 26, 2024 BUSINESS WIRE SunOpta (Nasdaq:STKL) (TSX:SOY), an innovative and sustainable manufacturer fueling the future of food, today announced it has completed a $26 million expansion at its Modesto, Calif. facility. As the second largest project in the company's history, the expansion allows SunOpta to increase the amount of oatmilk produced annually by more than 60%, meeting ongoing customer demand and demonstrating SunOpta's commitment to plant-based beverage production. Commercially launched in May, SunOpta's Modesto oat extraction production line uses proprietary enzymatic processes to break down whole oats into a liquid oatbase that will then be used to make oatmilk and other products such as plant-based yogurt and ice cream. The new expansion has created 17 new jobs in the community. SunOpta supplies liquid and dried oatbase as an ingredient to companies large and small, manufactures oatmilk for leading brands and food service operators throughout the count Show less Read more
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