SunOpta acquires assets of soymilk facility
August 07, 2007
by Eric Schroeder
TORONTO — SunOpta, Inc. has acquired the operating assets of a soymilk manufacturing facility in Heuvelton, N.Y., from ProSoya Corp. The transaction was completed in cash and included all buildings, machinery and equipment.
"The addition of a soymilk manufacturing facility located in the northeast of the United States expands our ability to serve our growing customer based in Eastern North America," said Allan Routh, president of SunOpta Grains and Food Group. "This geographic expansion of soy manufacturing is another strategic step to ensure that we will maintain adequate supply capabilities, positioned to meet the increasing demands of our soy customers and enable continued growth of their businesses."
SunOpta will upgrade manufacturing capabilities in an effort to improve processing efficiencies and product quality.