The plant proteins will be of high quality in terms of solubility, purity and taste. A rendering of Merit Functional Foods Corporation's 88,000-square-foot pea and canola protein extraction facility in the northwest area of Winnipeg. The federal government is helping finance an innovative, new agricultural production plant in Winnipeg that turns peas and canola into protein powders for the food industry. Merit Functional Foods was started six months ago and has 10 employees, but Bracken said that is expected to grow to 200 employees in three years. The JV company and Burcon signed a 20-year licensing agreement, which includes the production, sale and distribution of Burcon’s pulse proteins. Merit Foods is building a 94,000 square foot production facility in Manitoba, Canada to produce, under license, Burcon’s novel pea and canola protein ingredients. Canadian company Merit Functional Foods is a new entrant producing plant-based protein from pea and canola ingredients. Photo by Handout / Merit Functional Foods. If you continue using our website, we'll assume that you are happy to receive all cookies on this website. August 17, 2020 – Winnipeg, Manitoba – Agriculture and Agri-Food Canada. 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. At Merit Functional Foods, we’re making plant protein, pure and simple. Canadian Prime Minister Trudeau stated, “our government is contributing almost $100-million for the new Merit Functional Foods location in Winnipeg. All contents copyright 2020 Halcyon Business Publications, Inc. Events focusing on best practices in economic development, bringing together industry leading consultants with economic development professionals. Burcon will help Merit Foods in carrying out research and development (R&D) activities such as shelf-life testing. The company Merit Functional Foods will see an investment of almost $100-million in their Winnipeg facility. On Monday, Prime Minister Justin Trudeau announced that Canada will invest almost $100 million into plant-based foods. Manitoba is about to become a key production centre for plant-based protein with a second pea-protein production plant about to break ground. 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. Burcon NutraScience Corporation, a Canadian company and global technology leader in the development of plant-based proteins, is a partner in the project. Burcon is also in discussion with other consumer goods companies for product development. 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 is developing a 65,000ft 2 pea protein and canola protein production facility in the northern part of Centreport, Manitoba, Canada. Merit Functional Foods Corporation is building a … (Submitted/Raymond S.C. Wan Architect Inc.) Burcon carried out initial investigations with a few fast-moving consumer goods (FMCG) companies in order to provide protein ingredient samples. Merit Functional Foods’ new production facility is under construction in Winnipeg, Manitoba, Canada. Burcon builds its products based on environmentally friendly, clean-label extraction and purification technologies. The plant… It was incorporated on 15 May 2019 (Wednesday) in Canada and as of 15 May 2019 (Wednesday) is an active company. The Government of Canada announced Monday, June 22, 2020, financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg. The plant will initially process 20,000t of peas. Get a clean start to your product innovation. This facility will be a world leader in plant-based proteins and will create good jobs in a fast-growing field. The plant will offer unique plant proteins directly to the North American market, as well as the rest of the world. Merit Functional Foods Corp. plans to have its new 94,000-square-foot production plant at Winnipeg’s Centreport running by the end of the year. 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 has started construction of its $80 million 88,000 square foot canola and pea protein production facility near the airport in Winnipeg. The Government of Canada announced Monday, June 22, 2020, financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg. A Merit Functional Foods canola and pea protein-processing facility near Winnipeg is slated to be up and running by the end of the year with the help of financial investment from Protein Industries Canada, the company announced at a news conference January 10. The plant is to be operated by Merit Functional Foods, in a joint venture with Burcon NutraScience. Merit Foods selected Bird Construction for providing the engineering plans and drawings required for the construction of the building. It will be designed to allow for expansion in the future. We're proud to help elevate Canada as one of the world's leaders in plant-based protein and sustainable food," said Ryan Bracken, Co-CEO of Merit Functional Foods. 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