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The company provides its customers with protein ingredient solutions with high standards for digestibility, purity and solubility. Puratein-C is highly soluble, with purity levels at over 90% protein and a high cysteine content. 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. The pea-protein craze has led to Manitoba landing its second pea processing facility, a C$65 million ($49.84 million) plant near Winnipeg. Burcon NutraScience offered a short-term letter of credit of $6.5m for facilitating the financing of the project. We’re proud to offer the world’s first high-purity, non-GMO, and food grade canola protein. It displays excellent solubility across the pH range, possesses a very good foaming with a high cysteine content. 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 facility will provide support to the company in the creation of jobs while allowing it to expand its technology. The funding provided by Protein Industries Canada will allow Merit to reduce its environmental footprint, while increasing productivity. Peazac® can be used for meat alternatives, baked items, and nutrition bars. © 2021 Merit Functional Foods | Privacy Policy, 400 Goldenrod Drive | Winnipeg, MB | R3C 2E6 | (888) 213-4725, Applications/Products* (Check all that apply), How did you hear about Merit? That’s why we’re working so hard to develop plant proteins that can change the way the world’s consumers get their protein—a necessary nutrient. It also carries functional benefits, including binding, gelling, and emulsifying capabilities. Contact us to learn more! Merit Functional Foods is building a 94,000 square foot, state of the art, flexible, plant-based protein extraction facility in Winnipeg Manitoba. Merit formed a partnership with Pitura Seeds and The Winning Combination. It will also procure and assess varieties to identify the best agronomic varieties for farmers. Merit Functional Foods secured funding in the form of co-investment from Protein Industries Canada (PIC) to expand its plant protein technology, in January 2020. The offerings also include Puratein®-C canola protein, Puratein® HS canola protein and MeritPro™ HS pea and canola protein blend. 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. 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. Merit Functional Foods is building a 94,000 square foot, state of the art, flexible, plant-based protein extraction facility in Winnipeg Manitoba. 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 Government of Canada has announced financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg. Merit Functional Foods’ production facility in Winnipeg is estimated to be completed by the fourth quarter of 2020. Credit: Business Wire. The facility will produce the world’s highest purity and highest quality pea and canola protein, is well underway. 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. Peazazz is a uniquely soluble, clean and neutral-tasting pea protein. The range can be used in dairy alternative beverages, ready-to-drink protein shakes, nutrition bars and ready-to-mix protein powders. At Merit Functional Foods, we’re making plant protein, pure and simple. In this report, we look at the 30 big tech themes for 2019, identifying winners and losers for each theme. We’re in the midst of construction of our 94,000-square foot, state-of-the-art plant-based protein extraction facility headquartered here in Winnipeg, Manitoba, and we are looking for motivated employees at a variety of … Merit Functional Foods was formed as a joint venture between Burcon and three executives from the food industry in May 2019. The production facility is expected to be completed by the fourth quarter of 2020. 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 production facility is expected to be completed by the fourth quarter of 2020. 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. As a member of Merit Foods, you have a sense of accountability and have an entrepreneurial mindset. Merit is working with the Manitoba Food Development Centre to study on the potential usage of its by-product offerings. This report will impact all industries helping: Download our 2019 Technology, Media and Telecoms Predictions Report. The partnership with Nestlé will commercialise the creation of plant-based foods and beverages. 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. 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. Burcon is involved in the development of plant-based proteins obtained pea, sunflower seed, canola, soy, and hemp. 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. The production facility is located in Winnipeg in the Canadian province of Manitoba. 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. Johann Tergesen. Its Peazazz® range is a soluble, neutral-tasting pea protein product that has more than 90% protein. If you continue using our website, we'll assume that you are happy to receive all cookies on this website. The feds will be financing $100 million for the new Merit Functional Foods plant. Merit Functional Foods Corp. has already broken ground on its new $65-million pea and canola protein production plant in the BrookPort industrial park in the northern part of Centreport only months after closing its financing. Merit Functional Foods reported construction of its 94,000-square foot production facility in Manitoba, Canada. Construction of our 94,000-square foot production facility in Winnipeg began last fall. Johann Tergesen CEO at Burcon NutraScience Corporation Vancouver, BC. Corporation Number: 11412728 Merit Functional Foods Corporation is a company governing under the Canada Business Corporations Act - 15 May 2019 (Wednesday). Did you know that where your plant protein is sourced and made has a significant impact on carbon footprint? Hong Kong suspends poultry imports from Korea and the UK, Nestlé USA to expand frozen food production capacity in Jonesboro, Valeo Foods acquires tortilla chips maker It’s All Good, Why we believe workplace health and wellness is important, Clinical Trial Continuity in Asia-Pacific during the COVID-19 pandemic, A sneak peek into Canada’s largest transit expansion, Precision wire for vascular therapy: How EXERA® rises to the challenge, CEOs/Senior Staff: in all industries understand the disruptive threats to their competitive landscape, Investors: Helps fund managers focus their time on the most interesting investment opportunities in global TM. Meritpro™ non-GMO pea and canola protein then select your labeling requirements to find our plant is... Development of plant-based proteins obtained pea, sunflower seed, canola, soy and. 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