date:Aug 30, 2019
Cargill is betting big on alternative proteins by investing an additional $75 million in Puris, the largest producer of pea protein in North America.
The two companies entered into a joint venture agreement in January 2018 with an initial investment of $25 million.
This additional investment will allow Puris to more than double its pea protein production using an existing 200,00 sq ft facility in Dawson, Minnesota.
It will enable the company to keep up with the growing demand for its pea prot