SunOpta Commences Production of Organic Soy Milk
Posted on: Thursday, 24 August 2006, 15:00 CDT
Toronto-based SunOpta has begun production of a new aseptically packaged organic soy milk product for a major US retailer.
The milk will be produced as part of a previously announced global contract and SunOpta expects it to add an incremental $20 million in revenue over the next three years, bringing the total contract value to $80 million over that period.
SunOpta claims the production of the new organic soy milk product involves the full services of its vertically integrated business model from sale of soy seed to processing the bean, to manufacturing soy liquid concentrate, to aseptically packaging the final product.
Production of organic aseptic beverages at SunOpta's aseptic packaging operations continues to grow as plant capacities are expanded with production volumes now at record levels.
SunOpta operates three business units: the SunOpta Food Group, which specializes in sourcing, processing and distribution of natural and organic food products integrated from seed through packaged products; the Opta Minerals Group, a producer, distributor, and recycler of environmentally friendly industrial materials; and the SunOpta BioProcess Group which engineers and markets proprietary steam explosion technology systems for the pulp, bio-fuel and food processing industries.
Source: Datamonitor
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