Maple Leaf Foods and its wholly-owned subsidiary of plant protein products, Greenleaf Foods, has acquired a 118,000-square-foot facility in Indianapolis, Indiana, which will increase the production of Lightlife tempeh products to meet rising consumer demand.
Outstanding Foods, maker of PigOut Pigless Pork Rinds, has raised $10m in a recent Series A financing round led by existing investor SternAegis Ventures to fuel rapid retail expansion and new production innovation.
In addition to SternAegis, which led a $5m funding round for Outstanding Brands last year, other investors include: Kenneth Harris, former chairman of the board of Enjoy Life Foods, and Javier Valéz-Bautista, former CEO of Mission Foods and current CEO of El Dorado Foods.
Outstanding Foods will use the $10m in capital to accelerate its retail footprint and build out its research & development team in order to introduce