Once operational, the 284,000-sq.-ft. plant will produce cocoa-free chocolate, nut-free spreads and bean-free coffee, and it will have the capacity to make 10,000 metric tons of cocoa-free chocolate annually.
Production from the Nashville facility will support Smithfield's existing portfolio of dry sausage brands, adding dry sausage production capacity of 50 million pounds per year.
Cargill is investing in ENOUGH’s most recent (Series C) growth funding campaign and has signed a commercial agreement to use and market its fermented protein.
Cargill, Continental Grain Company and Sanderson Farms, Inc. have reached a definitive agreement for a joint venture between Cargill and Continental Grain to acquire Sanderson Farms for $203 per share in cash. This represents a total equity value for Sanderson Farms of $4.53 billion.