Just acquires new production facility
Just, the American startup best known for producing a vegan egg substitute, has announced the purchase of a major production facility in Appleton, Minnesota.
The food-grade factory was formerly Del Dee Foods, a company which had operated on the site for 30 years.
Just will use the site to scale up its protein extraction process, a statement about the acquisition said.
Just was valued at more than $1bn in 2017 and is best known for its plant-based Just Egg, which uses mung beans to make a foodstuff that mimics the taste and texture of egg.
The company said it had already invested millions of dollars in processing equipment for the site and will continue to expand its footprint in Appleton.
The multi-story facility houses industrial food processing equipment, a quality assurance laboratory, warehousing and administrative offices, with ample room for further expansion.
Josh Tetrick, co-founder and CEO of Just said: “To make our mission happen, we need to scale. Separating the protein from the bean requires talent, proprietary processing and a supportive community. We found all that and more in Appleton.”
