Stake Technology expands in natural foods sector

- Last updated on GMT

Related tags: Organic food, Us

Stake Technology subsidiary Kettle Valley Dried Fruit has
constructed a new plant in Washington to produce natural and
organic fruit-based nutritional bars for its growing US
customer-base.

Stake Technology subsidiary Kettle Valley Dried Fruit has constructed a new plant in Washington to produce natural and organic fruit-based nutritional bars for its growing US customer-base.

Stake Technology​ is already a leading supplier of soymilk concentrate to the US market. It is seeking to grow its core organic and natural foods businesses in the US and Canada, both internally and through acquisition.

The new 30,000 square foot facility, located in the heart of the US apple district, has completed its first production run. It will initially employ about 15 people and has an annual capacity of 42 million bars, which can be expanded as required.

Stake Technology, soon to become SunOpta, has also announced recently that it will buy Pro Organics Marketing, a Canadian distributor of organic fresh foods and also organic bulk foods and dairy.

The company had revenues last year of around C$35 million.

Related topics: Markets

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