Ingredient suppliers announce new investments for beverage applications
Cargill invests $75 million in its PURIS pea-protein line
Minneapolis-based Cargill has invested an additional $75 million in PURIS, a North American producer of pea protein. The investment enables PURIS to more than double its pea protein production using an existing 200,000-square-foot facility in Dawson, Minn., the company says. It also will position PURIS to keep up with the ever-increasing demand for its pea proteins, starches and fibers all grown and produced through its integrated and transparent supply chain, it adds.
Van Drunen Farms, Momence, Ill., a parent company of FutureCeuticals, and SouthAm Freeze Dry, Santiago, Chile, announced a new partnership where Van Drunen Farms will take a majority stake in SouthAm. The investment in SouthAm provides Van Drunen and FutureCeuticals a key competitive advantage for South and Central American fruits in the food, functional food and supplement spaces. It also continues SouthAm’s innovation, which is focused on the development of native, herbal, fruit and vegetable ingredients, the company says.