Vida Veg, a Brazilian producer of plant-based foods, has announced that the company is investing R$10 million ($2 million) to expand an existing plant in Lavras, Minas Gerais state.
According to sources, the firm is tripling the size of the factory and looking to increase production capacity five-fold, with the aim of establishing capability for 1,000 tons of manufactured goods per month.
The project is said to take into investment in technology, with a focus on sustainability.
Vida Veg has a portfolio of about 40 plant-based products, including yoghurts, milk, cheese, butter and soft cheese (requeijao), made from a range of dairy alternatives include cashew, oat, and coconut.
Construction works started in 2022 and the plant is expected to be operating at full capacity in July 2023.
Source: Giro News / Cimm / Vida Veg
