Ryan Bracken Co-CEO . Merit Foods is building a 94,000 square foot production facility in Manitoba, Canada to produce, under license, Burcon’s novel pea and canola protein ingredients. Ryan has over 18 years of experience in food manufacturing, most recently as VP of Innovation at Manitoba Harvest. Ryan Bracken Co-CEO. Über Merit Functional Foods Merit Functional Foods wurde 2019 gegründet. A unique line of protein ingredient solutions, that delivers premium nutritional and functional attributes to help formulators obtain higher levels of protein in their formulations than previously believed to be possible. The Government of Canada has announced financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg. 14 Jan 2020 ---Canada’s Merit Functional Foods, in consortium with seed processor Pitura Seeds and health brand The Winning Combination, has raised new capital to rapidly expand its ability to meet market demand for plant-based proteins and by-products, including trending peas and canola. Merit Functional Foods is developing a 65,000ft 2 pea protein and canola protein production facility in the northern part of Centreport, Manitoba, Canada. ST. LOUIS — Bunge Ltd. has made a $30 million capital investment in Merit Functional Foods, giving the ingredient supplier a minority interest in the Canadian-based company. Das Unternehmen hat sich zum Ziel gesetzt, die Erwartungen an pflanzliche Proteine zu übertreffen und den Markt mit der höchsten Qualität an Proteinzutaten und Mischungen zu versorgen, welche unübertroffene Reinheit, herausragenden Geschmack und außergewöhnliche Löslichkeit bieten. We cultivate a working environment that inspires new ideas, promotes ownership, encourages innovation, and supports highly motivated individuals to help take our business to the next level. It is claimed to be the world’s first commercial canola-protein manufacturing plant. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Barry Tomiski Co-CEO. News Release Merit Functional Foods Receives Co-Investment from Protein Industries Canada. The creamier, better-tasting pea protein Merit’s newest ingredient, Peazac 850, is shaking up the pea protein market with its unprecedented, exceptional taste. Merit Functional Foods is building a new processing facility in Winnipeg that will derive protein from both canola and peas resulting in up to 17,000 metric tonnes of canola being purchased from Manitoba producers in its first year of operation and 10,000 metric tons of peas at an estimated value of $14 million. Vancouver (British Columbia), den 10. The state-of-the-art facility, which is scheduled to be completed in the … He previously led the financing, development, and commissioning of Hemp Oil Canada’s 40,000-square foot facility. We are currently building a state-of-the-art production facility in Winnipeg, where we will produce our portfolio of pea and canola protein ingredients with exceptional functional and nutritional values. We use cookies to provide you with a better experience. Established in 2019, Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. 14 Jan 2020 ---Canada’s Merit Functional Foods, in consortium with seed processor Pitura Seeds and health brand The Winning Combination, has raised new capital to rapidly expand its ability to meet market demand for plant-based proteins and by-products, including trending peas and canola. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Bunge will use its expertise as one of the largest canola processors in Canada to supply Merit with critical inputs, said Ryan Bracken, co-chief executive officer of Merit Functional Foods. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Merit Functional Foods’ new production facility is under construction in Winnipeg, Manitoba, Canada. Established in 2019, Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. Merit Functional Foods Corp videos and latest news articles; GlobalNews.ca your source for the latest news on Merit Functional Foods Corp . Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to Market 08/27/2020. “We’re excited to have a global partner like Bunge recognize our mission and assist us in accelerating our plans and path to launch,” Mr. Bracken said. 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