Edmonton, AB & Vancouver, B.C. – May 11, 2021 – Nabati Foods Global Inc. (CSE: MEAL Reserved) (“Nabati Foods” or the “Company”), a plant-based food tech company offering whole, natural, plant-based foods for health-conscious consumers, is announcing that it has completed the construction of a brand new manufacturing facility. The new production facility in Edmonton, Alberta is five times larger than The Company’s pilot facility and will serve to support the company’s continued growth.
The construction of this capital asset follows the completion of Nabati Foods’ successful oversubscribed financing of $7.7 million and positions it to fulfill wholesale orders and support its growth in the U.S. as well as support market entry into the EU.
“There has been enormous demand for our products from across North America from all of our customer categories including grocery, foodservice, and industrial,” Nabati CEO Ahmad Yehya said. “By significantly increasing our production capacity, we will be in a strong position to capitalize on growing customer demand.”
The extra square footage will enable the Company to house its full research and development (R&D) department and expand its team 150 percent to 15 members with room to grow the team further. In addition, the facility will be able to simultaneously produce 1.2 million pounds of plant-based cheeze and 1 million pounds of plant-based meat, with room to expand capacity further. This additional R&D capacity will also give Nabati the ability to put additional resources into product development.
“Beyond just meeting demand, it is important to us to keep innovating, and this additional capacity will make that possible,” Yehya said. “Our product line is set to continue to expand with great innovations coming very soon. For example, we plan to begin production of Nabati Cheeze slices at the new facility by fall 2021, which for which we have a long waiting list for from foodservice clients.”
Nabati Foods products are served across North America. All Nabati products are gluten-free, kosher, vegan, and non-GMO.
Shop Nabati online at https://www.nabati.ca/a/store-locator
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About Nabati foods Inc.
Nabati Foods Global Inc. is the owner of Nabati Foods Inc. (“Nabati”), a family-founded food tech company offering whole, natural, plant-based, gluten, and soy-free foods for health-conscious consumers. Nabati was founded in 2014 and has four signature product lines including dairy-free cheesecakes, cheese alternatives, and plant-based meats. Nabati products are distributed in Canada and the U.S. through grocery, foodservice, and industrial channels. Learn more: https://invest.nabatifoods.com/