It will be able to produce nutritional plant protein combinations by mixing pea and canola proteins. A Merit Functional Foods canola and pea protein-processing facility near Winnipeg is slated to be up and running by the end of the year with the help of financial investment from Protein Industries Canada, the company announced at a news conference January 10. The investor group will provide C$16m of the JV’s required funding and own 60% of the JV. The Government of Canada announced Monday, June 22, 2020, financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg. Photo by Postmedia files. Newly launched Merit Functional Foods, Manitoba, Winnipeg, said it is seeking to uproot the food and beverage industry’s perception of plant-based proteins by producing high-quality plant protein ingredients that exceed standards for purity, solubility, taste and more. Merit Functional Foods’ flex production plant is a new pea-protein and canola-protein production facility. Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with disruptive protein ingredient solutions that offer unmatched purity, exceptional taste, and excellent solubility.. It is claimed to be the world’s first commercial canola-protein manufacturing plant. Merit Functional Foods has started construction of its $80 million 88,000 square foot canola and pea protein production facility near the airport in Winnipeg. The plant… Burcon’s product portfolio includes a plant-based dairy alternative named CLARISOY® and neutral-tasting pea protein, Peazazz®. The plant… The Merit Functional Foods plant, which is being built in Winnipeg, will produce products from canola and pea protein. Protein production plant breaks ground in Centreport. The Centreport location enables the facility to be connected to the North End sewage treatment plant and was selected due to the plant’s requirement of more than 300,000l of water a day. Merit Functional Foods Corp. plans to have its new 94,000-square-foot production plant at Winnipeg’s Centreport running by the end of the year. Alive and kicking: which health trends will continue post-pandemic? Merit Functional Foods Corporation is a company governing under the Canada Business Corporations Act - 15 May 2019 (Wednesday). The plant will initially process 20,000t of peas. Get a clean start to your product innovation. The governments of Canada and Manitoba will invest up to $2.5 million cost-shared funding to support new technologies in Merit Functional Foods’ new state-of-the-art, 94,000-ft2 plant protein production facility in Winnipeg, Manitoba. Canadian company Merit Functional Foods is a new entrant producing plant-based protein from pea and canola ingredients. Credit: Simon Schoeters. | Merit Functional Foods photo Burcon NutraScience Corporation, a Canadian company and global technology leader in the development of plant-based proteins, is a partner in the project. Merit Foods is building a 94,000 square foot production facility in Manitoba, Canada to produce, under … August 17, 2020 – Winnipeg, Manitoba – Agriculture and Agri-Food Canada. Merit Functional Foods is building a 94,000 square foot, state of the art, flexible, plant-based protein extraction facility in Winnipeg Manitoba. Burcon NutraScience Corporation, a Canadian company and global technology leader in the development of plant-based proteins, is a … At Merit Functional Foods, we’re making plant protein, pure and simple. Get a clean start to your product innovation. On Monday, Prime Minister Justin Trudeau announced that Canada will invest almost $100 million into plant-based foods. There it will extract protein from peas and canola seeds for use in everything from pre-packaged protein shakes and meat-alternative foods to non-dairy creamers and energy bars. Merit Functional Foods’ new production facility is under construction in Winnipeg, Manitoba, Canada. It was incorporated on 15 May 2019 (Wednesday) in Canada and as of 15 May 2019 (Wednesday) is an active company. The money will go to Merit Functional Foods in Winnipeg, a company dedicated to creating pea, canola and blended proteins. Merit Functional Foods Corp. has already broken ground on its new $65-million pea and canola protein production plant in the BrookPort industrial park in the northern part of Centreport only months after closing its financing. Merit Functional Foods is a joint venture (JV) between Burcon NutraScience and an investor group comprising Hemp Oil Canada founder Shaun Crew, former Manitoba Harvest COO Barry Tomiski and former Manitoba Harvest vice-president Ryan Bracken. Merit Functional Foods is developing a 65,000ft 2 pea protein and canola protein production facility in the northern part of Centreport, Manitoba, Canada. One of the world’s biggest grain companies is getting in on a processing facility under construction in Winnipeg to extract plant-based proteins from canola and peas. By Martin Cash. In this report, we look at the 30 big tech themes for 2019, identifying winners and losers for each theme. The Government of Canada announced Monday, June 22, 2020, financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg. We use cookies to ensure that we give you the best experience on our website. The consumer demand for the company’s high-quality plant-based proteins is increasing worldwide. “As people around the world start eating more plant-based food products, we have an opportunity to bring together innovation in Canada and Canadian crops, and a chance to create good, well-paying jobs,” Justin Trudeau said. August 17, 2020 – Winnipeg, Manitoba – Agriculture and Agri-Food Canada. Manitoba is about to become a key production centre for plant-based protein with a second pea-protein production plant about to break ground. MERIT FUNCTIONAL FOODS. The federal government is helping finance an innovative, new agricultural production plant in Winnipeg that turns peas and canola into protein powders for the food industry. The facility’s ground-breaking ceremony was held in September 2019, while operations are expected to commence in mid-2020. If you continue to use this site we will assume that you are happy with it. The Merit Functional Foods plant, which is being built in Winnipeg, will produce products from canola and pea protein. The Government of Canada announced Monday, June 22, 2020, financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg. It is also responsible for commissioning the production plant. This report will impact all industries helping: “It is claimed to be the world’s first commercial canola-protein manufacturing plant.”, Pea-protein and canola-protein production facility, Download our 2019 Technology, Media and Telecoms Predictions Report. Credit: CentrePort Canada. That is why, the Government of Canada announced today financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg, Manitoba. Credit: Sherwood411. 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Merit Foods is building a 94,000 square foot production facility in Manitoba, Canada to produce, under license, Burcon’s novel pea and canola protein ingredients. Merit Functional Foods is developing a 65,000ft2 pea protein and canola protein production facility in the northern part of Centreport, Manitoba, Canada. Merit Functional Foods Food Production Winnipeg, Manitoba 4,080 followers Plant protein, pure and simple. Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg, Manitoba to produce high quality pea and canola proteins. Article Sidebar. Burcon carried out initial investigations with a few fast-moving consumer goods (FMCG) companies in order to provide protein ingredient samples. It is claimed to be the world’s first commercial canola-protein manufacturing plant. During its first phase, the flex production plant will have an annual processing capacity of approximately 20,000t of yellow field peas. This facility will be a world leader in plant-based proteins and will create good jobs in a fast-growing field. merit functional foods In 2019, Burcon established Merit Functional Foods Corporation in a joint venture with three veteran food industry executives. The facility is also expected to produce Burcon’s Peazazz® and Peazac® pea proteins and the Supertein®, Puratein® and Nutratein® canola proteins. We're proud to help elevate Canada as one of the world's leaders in plant-based protein and sustainable food," said Ryan Bracken, Co-CEO of Merit Functional Foods. Canadian Prime Minister Trudeau stated, “our government is contributing almost $100-million for the new Merit Functional Foods location in Winnipeg. Merit Functional Foods’ flex production plant is being constructed in the BrookPort business park in the Rosser municipality, Manitoba. By Martin Cash. A rendering of Merit Functional Foods Corporation's 88,000-square-foot pea and canola protein extraction facility in the northwest area of Winnipeg. The plant is to be operated by Merit Functional Foods, in a joint venture with Burcon NutraScience. The production facility is expected to be completed by the fourth quarter of 2020. From dairy alternatives to free-from supplements, to functional snacks, beverages, foods, and beyond – our researchers and developers at Merit see countless application possibilities and treat each one as an opportunity to serve our partners and their customers better. Burcon will help Merit Foods in carrying out research and development (R&D) activities such as shelf-life testing. The state-of-the-art facility, which is scheduled to be completed in Q4 2020 will be the only commercial facility in the world with the capability to produce food grade canola proteins. It will be designed to allow for expansion in the future. Canadian Prime Minister Trudeau stated, “our government is contributing almost $100-million for the new Merit Functional Foods location in Winnipeg. The company Merit Functional Foods will see an investment of almost $100-million in their Winnipeg facility. We're proud to help elevate Canada as one of the world's leaders in plant-based protein and sustainable food," said Ryan Bracken, Co-CEO of Merit Functional Foods. Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with disruptive protein ingredient solutions that offer unmatched purity, exceptional taste, and excellent solubility.. Photo by Handout / Merit Functional Foods. The plant proteins will be of high quality in terms of solubility, purity and taste. Protein production plant breaks ground in Centreport. Merit Foods selected Bird Construction for providing the engineering plans and drawings required for the construction of the building. Photo by Handout / Merit Functional Foods. Plant-based proteins are more and more in demand. We use them to give you the best experience. Financed by a debt financing package of $85m provided by a syndicate of lenders, the new plant will increase the company’s production capacity and propel growth. Merit Functional Foods has started construction of its $80 million 88,000 square foot canola and pea protein production facility near the airport in Winnipeg. Canada recognizes that innovation drives prosperity, creates jobs, and is key to keeping the agriculture and agri-food sector strong and competitive. If you continue using our website, we'll assume that you are happy to receive all cookies on this website. Burcon builds its products based on environmentally friendly, clean-label extraction and purification technologies. It is claimed to be the world’s first commercial canola-protein manufacturing plant. Merit Functional Foods is developing a 65,000ft 2 pea protein and canola protein production facility in the northern part of Centreport, Manitoba, Canada. All contents copyright 2020 Halcyon Business Publications, Inc. Events focusing on best practices in economic development, bringing together industry leading consultants with economic development professionals. Agriculture and Resource Development Minister Blaine Pedersen and… Merit Foods — whose leadership comes from Shaun Crew, Barry Tomiski and Ryan Bracken, formerly of Hemp Oil Canada, which was recently acquired by Tilray — is expected to invest up to $16 million into the facility. The JV company and Burcon signed a 20-year licensing agreement, which includes the production, sale and distribution of Burcon’s pulse proteins. A Merit Functional Foods canola and pea protein-processing facility near Winnipeg is slated to be up and running by the end of the year with the help of financial investment from Protein Industries Canada, the company announced at a news conference January 10. Merit Functional Foods was started six months ago and has 10 employees, but Bracken said that is expected to grow to 200 employees in three years. The plant is expected to employ more than 80 personnel for operations and is being constructed with an estimated investment of C$65m ($48.4m). The investigations later advanced to product development projects, upon which Burcon estimated demand and pricing for the protein products produced at the new plant. Merit Functional Foods Corp. has already broken ground on its new $65-million pea and canola protein production plant in the BrookPort industrial park in the northern part of Centreport only months after closing its financing. It also includes canola proteins such as Supertein® and Puratein®. From farm to the facility, the company’s supply chain is claimed to be made-in-Canada, as it sources its pea and canola from Western Canada and is processing and manufactured in Winnipeg, Manitoba. Winnipeg-based Merit Functional Foods announced Thursday it has received a $30 million “capital investment” from Bunge, giving the U.S. grain firm a “minority interest” […] The plant will offer unique plant proteins directly to the North American market, as well as the rest of the world. | Merit Functional Foods photo T Hasegawa USA acquires Mission Flavor & Fragrances, Pastrycook’s Passionfruit Paste for enhanced product flavour, texture, appearance, Olam Food Ingredients to acquire Mizkan America’s chilli pepper business, GrubMarket acquires speciality fruit provider Bengard Marketing, Hain Celestial divests UK fruit business to Elaghmore, The importance of corporate social responsibility for FMCG in 2020 and beyond, Packaged vegetables supplier Mann opens new facility in California, DuPont’s new ingredients are keeping yoghurt innovation alive and healthy, FrieslandCampina to shutter cheese packaging facility in Belgium, Turkish flour producer secures fresh financing from EBRD and TSKB, Utz Brands finalises deal to purchase Vitner’s snack food brand, Unilever targets growth in vegan food as a key strategy in the coming years, Controlling bacteria in food processing facilities: Q&A with DEFLECTA, Gotham Greens latest funding round reflects new opportunities for urban agriculture, Producing the goods: Covid-19’s impact on food manufacturing. WINNIPEG, Manitoba--(BUSINESS WIRE)--Oct 14, 2020--Farmers Edge ™, a global leader in digital agriculture, today announced a strategic collaboration with Merit Functional Foods (Merit) to source non-GMO canola and pea plant-based proteins from growers with data-driven farming practices. (Submitted/Raymond S.C. Wan Architect Inc.) In 2019, Burcon established Merit Functional Foods Corporation in a joint venture with three veteran food industry executives. Spread over 80 acres, BrookPort is a fully-serviced industrial park being developed by Whiteland Developers. The facility will produce Burcon NutraScience’s Supertein®, Puratein® and Nutratein® canola proteins, as well as Peazazz® and Peazac® pea proteins. Merit Functional Foods Corporation is building a … Burcon is also in discussion with other consumer goods companies for product development. Founded in November 1998, Burcon NutraScience is a leader in producing plant-based proteins for food and beverage (F&B) industries. This facility will be a world leader in plant-based proteins and will create good jobs in a fast-growing field. Hong Kong suspends poultry imports from Korea and the UK, Nestlé USA to expand frozen food production capacity in Jonesboro, Valeo Foods acquires tortilla chips maker It’s All Good, Why we believe workplace health and wellness is important, Clinical Trial Continuity in Asia-Pacific during the COVID-19 pandemic, A sneak peek into Canada’s largest transit expansion, Precision wire for vascular therapy: How EXERA® rises to the challenge, CEOs/Senior Staff: in all industries understand the disruptive threats to their competitive landscape, Investors: Helps fund managers focus their time on the most interesting investment opportunities in global TM. Burcon will provide $8m of the JV’s required funding and hold 40% ownership of the JV. Excel Engineering is responsible for providing process design and coordination services for the new production plant. 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