The new facility will boost the company’s presence in growing edible oil and animal feed markets, and will create opportunities in renewable energy feedstock markets.
The acquired assets include a customer distribution network across the Northeast and Mid-Atlantic states and production operations in Maryland, New Jersey, Delaware and South Carolina.
The PIER (Plant-based food Ingredients to be Egg Replacers) project aims to replace 10% of the eggs used globally as ingredients in food products such as baked goods, dressings, desserts and ready meals.
Owners Robb Leonhard and Scott Miller have decided that now is the time to step back and pass the torch to a three-person executive team of COO Ty Weinhold, CFO Nicole Piontek and CRO Bryan Lacey.