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Benzinga
Benzinga
Business
Shivani Kumaresan

SunOpta Opens New Headquarters In Minnesota

  • SunOpta Inc (NASDAQ:STKLhas unveiled its new 65,000 square-foot global headquarters and eco-powered innovation center in Eden Prairie, Minnesota.
  • The space, featuring a pilot plant and a research and development center, is eight times the size of the company's previous location.
  • The company expects the move to further expand its co-manufacturing, private label, ingredient, and branded product offerings across all categories.
  • "We've grown our plant-based business by more than $100 million over the last two years through a focus on innovation and new customer development, and we expect this pace of growth to continue," said CEO Joe Ennen.
  • SunOpta manufactures natural, organic, and specialty products sold through retail and foodservice channels.
  • Price Action: STKL shares are trading higher by 2.14% at $5.25 on Monday's last check.
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