More than 90% of alt-protein producers plan to spend up to $50 million on capital expenditure in the next one to three years, a new report says.
Photo courtesy of Impossible Foods
Alternative protein producers across North America plan to spend an average of $41 million on capital projects, such as new production facilities and equipment, over the next one to three years, according to new research by CRB Group, an engineering, design and construction company based in St. Louis.
The company’s…
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