Merit Foods — whose leadership comes from Shaun Crew, Barry Tomiski and Ryan Bracken, formerly of Hemp Oil Canada, which was recently acquired by Tilray — is expected to invest up to $16 million into the facility. The debt financing package is provided by the syndicate of Farm Credit Canada, Export Development Canada and the Canadian Imperial Bank of Commerce. Peazazz is a uniquely soluble, clean and neutral-tasting pea protein. With 90% protein, Peazazz is perfect for applications such as ready-to-drink protein shakes, dairy alternatives, and ready-to-mix protein powders. The facility will provide support to the company in the creation of jobs while allowing it to expand its technology. We strive to create quality proteins, carefully produced and extracted from Canadian-sourced peas and canola, that can feed the world and improve the life of our planet and our planet’s people. The pea-protein craze has led to Manitoba landing its second pea processing facility, a C$65 million ($49.84 million) plant near Winnipeg. We are now assembling the superstructure of the facility, and we are on track to be fully operational by the fourth quarter of 2020. The production facility is expected to be completed by the fourth quarter of 2020. If you continue to use this site we will assume that you are happy with it. Merit Functional Foods’ new production facility is under construction in Winnipeg, Manitoba, Canada. FoodNavigator-USA | Nestlé and Merit enter joint development Manitoba Co-Operator | Supercluster pumps $9.5 million into Winnipeg plant BevNET | Merit’s protein portfolio is FDA GRAS certified BakingBusiness| Looking for the ‘next’ protein?Consider canola Corporation Number: 11412728 Merit Functional Foods Corporation is a company governing under the Canada Business Corporations Act - 15 May 2019 (Wednesday). In this report, we look at the 30 big tech themes for 2019, identifying winners and losers for each theme. The offerings also include Puratein®-C canola protein, Puratein® HS canola protein and MeritPro™ HS pea and canola protein blend. The attributes your consumers want are now available with pea and canola proteins from Merit. The company collaborated with Burcon and Nestlé in January 2020 to advance the development of plant-based dairy and meat alternatives. In 2019, Burcon established Merit Functional Foods Corporation in a joint venture with three veteran food industry executives. The facility will produce the world’s highest purity and highest quality pea and canola protein, is well underway. Its Peazazz® range is a soluble, neutral-tasting pea protein product that has more than 90% protein. What that means for you is flavor and aroma-neutral plant proteins that exceed industry standards for purity, solubility, and digestibility. Contact Us Let's grow together Fill out the form to get in touch, or call us direct at (888) 213-4725. Whether you’re reformulating or developing a new plant-based product, our high-quality plant proteins are game-changing tools that are the result of our proprietary, extraction technology and unique purification process. The companies will focus on developing pea and canola protein products for use in plant-protein based foods and beverages. Construction of our 94,000-square foot production facility in Winnipeg began last fall. ... will be owned by Merit Functional Foods … Financed by a debt financing package of $85m provided by a syndicate of lenders, the new plant will increase the company’s production capacity and propel growth. We’re proud to offer the world’s first high-purity, non-GMO, and food grade canola protein. Merit formed a partnership with Pitura Seeds and The Winning Combination. Spanning across an area of 94,000ft², the manufacturing plant will be the world’s first commercial facility dedicated to the production of high-purity, non-GMO food-grade canola proteins. Peazac can give your products a nutritional boost while staying dairy-free, soy-free, and gluten-free. 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. Peazac® has a mild flavor and protein content greater than 80% purity which makes it ideal for applications such as bars, meat alternatives, and baked goods. Puratein-C is highly soluble, with purity levels at over 90% protein and a high cysteine content. Burcon NutraScience offered a short-term letter of credit of $6.5m for facilitating the financing of the project. The plant is to be operated by Merit Functional Foods, in a joint venture with Burcon NutraScience. The company will be building a protein extraction facility that is set to produce plant proteins. Merit Functional Foods reported construction of its 94,000-square foot production facility in Manitoba, Canada. Financed by a debt financing package of $85m provided by a syndicate of lenders, the new plant will increase the company’s production capacity and propel growth. 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The governments of Canada and Manitoba will invest up to $2.5 million cost-shared funding under the Canadian Agricultural Partnership program to support new technologies in Merit Functional Foods’ new state-of-the-art, 94,000-sq.-ft. plant protein production facility in Winnipeg, Manitoba Agriculture and Resource Development Minister Blaine Pedersen and Terry Duguid, parliamentary … The state-of-the-art facility, which is scheduled to be completed in Q4 2020 will be the only commercial facility in the world with the capability to produce food grade canola proteins. Merit Functional Foods Corp. has already broken ground on its new $65-million pea and canola protein production plant in the ... Winnipeg, Manitoba, R2X 3B6. Get a clean start to your product innovation. Select your application, then select your labeling requirements to find our plant protein products that best suit your application! Merit Functional Foods is developing a 65,000ft 2 pea protein and canola protein production facility in the northern part of Centreport, Manitoba, Canada. From dairy alternatives to free-from supplements, to functional snacks, beverages, foods, and beyond – our researchers and developers at Merit see countless application possibilities and treat each one as an opportunity to serve our partners and their customers better. It will also procure and assess varieties to identify the best agronomic varieties for farmers. The joint venture company, which the partners intend to rebrand as Merit Functional Foods Corporation (“Merit Foods”), has entered into a royalty-bearing licence agreement with Burcon for the production, sale and distribution of Burcon’s pulse proteins, including Peazazz® and Peazac™ pea proteins, as well as Supertein®, Puratein® and Nutratein® canola proteins. The Government of Canada has announced financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg. 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The new production facility will also contribute to increasing the demand for agricultural commodities such as canola and peas. Burcon is involved in the development of plant-based proteins obtained pea, sunflower seed, canola, soy, and hemp. Merit Functional Foods Corporation is … At Merit Functional Foods, we’re committed to sustainability and improved outcomes for our planet. MeritPro is a perfect ingredient for plant-based beverage applications such as dairy and creamer alternatives, refrigerated juices and smoothies, meat alternatives, nutrition bars, and ready-to-drink protein shakes. Johann Tergesen CEO at Burcon NutraScience Corporation Vancouver, BC. "The made-in-Canada agricultural technologies and innovations from Merit Functional Foods not only give us a competitive advantage in the global marketplace, they are creating jobs and adding value to our farmers` commodities," said Marie-Claude … The partnership with Nestlé will commercialise the creation of plant-based foods and beverages. Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with disruptive protein ingredient solutions that offer unmatched purity, exceptional taste, and excellent solubility. A rendering of Merit Functional Foods Corporation's 88,000-square-foot pea and canola protein extraction facility in the northwest area of Winnipeg. Fill out the form to get in touch, or click here to request a sample! Pitura Seeds will use its seed cleaning plant to create cleaning standards for optimal protein and quality levels for canola and peas. If you continue using our website, we'll assume that you are happy to receive all cookies on this website. The focus is on producing quality proteins with a focus on responsible sourcing and production while improving sustainability and environmental impact. Merit will process the products at its Winnipeg production plant, while The Winning Combination will assist the company in assessing the stability and functionality of canola proteins and peas. WINNIPEG, Manitoba--(BUSINESS WIRE)--Merit Functional Foods announces today a new partnership with Bunge Limited that will bolster its mission … Merit Functional Foods is a joint venture (JV) between Burcon NutraScience and an investor group comprising Hemp Oil Canada founder Shaun Crew, former Manitoba Harvest … The production facility is located in Winnipeg in the Canadian province of Manitoba. Johann Tergesen. MIKE DEAL / WINNIPEG FREE PRESS During a press conference at Merit Functions Foods on Silver Avenue, Bill Greuel, CEO of Protein Industries Canada, announced a … Peazac® can be used for meat alternatives, baked items, and nutrition bars. The new facility will provide producers of canola in Western Canada with an opportunity to increase their revenues. A light powder with a mild flavor, Puratein HS has an exceptionally high purity level with over 90% protein. The company provides its customers with protein ingredient solutions with high standards for digestibility, purity and solubility. Merit Functional Foods has started construction of its $80 million 88,000 square foot canola and pea protein production facility near the airport in Winnipeg.Burcon NutraScience Corporation, a Canadian company and global technology leader in the development of plant-based proteins, is a partner in the project. Prepared using a proprietary extraction and purification process, this pea protein tastes and functions unlike any other pea protein in the market. Manitoba is about to become a key production centre for plant-based protein with a second pea-protein production plant about to break ground. Merit Functional Foods’ production facility in Winnipeg is estimated to be completed by the fourth quarter of 2020. Credit: Business Wire. The company also provided a guarantee of $4m for the debt obligations of Merit Functional Foods. 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 … Our flavor-neutral, highly soluble products help manufacturers achieve the highest protein levels possible  with clean taste and texture. Credit: Nestlé SA. 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