Friday, September 30, 2011

SunOpta Inc. (STKL) Expands Aseptic Drink Capacity to Meet Increased Demand for Organic Beverages

SunOpta Inc., a leading global company focused on natural, organic and specialty foods and natural health products, announced that it is expanding its non-dairy beverage production operations to meet the growing demand for aseptic, non-dairy beverages, broths and soups. SunOpta said that the expansion of the company’s Modesto, California plant will help meet the needs of existing clients plus accommodate the production of new private label, non-dairy, aseptic beverages planned to launch with a large club format retailer early next year. SunOpta specializes in processing, sourcing and packaging natural and organic foods like soy, sunflower, corn, fiber and fruit.

The expansion in Modesto, which should be completed in the third quarter of 2012, will increase production capacity by approximately 40 percent and the company’s overall aseptic non-dairy beverage and broth capacity by 10 percent. Once this capacity expansion is completed, SunOpta will have production capacity of between 250 and 300 million quarts of non-dairy beverages and broths, dependent upon product mix.

Currently, SunOpta produces natural and organic soymilk, rice beverages, almond beverages, plus hemp milk and broths. Plus the company recently launched its own sunflower beverage under the SOL (TM) brand name. The SOL sunflower beverage is made from sunflower seeds that are free from the eight most common food allergens including soy, dairy, wheat and tree nuts. The beverage, which is available in three flavors, is also an excellent supplier of key vitamins. SunOpta is one of the leading processors of confection sunflower seeds in the world and the development of a sunflower beverage adds further value to the Company’s vertically integrated production capabilities.

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