The investment aims to bolster manufacturing capabilities, enhance sustainable packaging efforts and generate new local jobs.

The 525,000-sq-ft production facility will be built in Cleveland, Tenn., and is expected to be completed in 2025.

The launch comes six months after Minnesota's legalization of THC edibles and infused beverage purchases in July 2022. 

The FDA has identified imported enoki mushrooms distributed by Utopia Foods, Inc. of Glendale, N.Y., as a likely source of illnesses in this outbreak.

Before joining ingredients PLUS, Wagner was president and CEO of International Imaging Materials Inc.

The funding supports projects across the food value chain, including supply chain digitization, alternative proteins and sustainable packaging.

The company recently added its eighth facility with the FSSC 22000 Food Safety System Certification to its portfolio.

The industry veteran's sales, marketing and technical expertise aim to help the company's next phase of growth.

The company says that consumer preference testing has shown that the new Pepsi Zero Sugar outpaces the old formula across the board.

The company says the buildout is the final step to commercialization for its plant-based seafood.