- Feel Foods (FEEL) recently completed construction on its new, 2,600 cubic square foot cold storage facility
- The new facility will serve as the logistical hub for the company’s plant-based meat and cheese products
- The company can now launch its upcoming e-commerce marketplace and begin selling online across the province
- Feel Foods is in the process of applying for a CFIA export license, which would allow the company to export to the U.S. and overseas
- Feel Foods is an agri-food holdings company focused on innovative products and technologies in the food services industry
- Feel Foods (FEEL) is up 1.37 per cent, trading at $0.37 per share
Feel Foods (FEEL) recently completed construction on its new, 2,600 cubic square foot cold storage facility.
The new facility is located in Port Coquitlam, British Columbia, and will serve as the logistical hub for the company’s plant-based meat and cheese products.
This lower mainland location will enhance inventory management of the recently announced Black Sheep Vegan Cheeze products, allowing Feel Foods to keep retail shelves stocked with Black Sheep products and allow for additional product availability.
With the new cold storage facility complete, the company can now launch its upcoming e-commerce marketplace and begin selling online across the province.
“As the company continues to grow,” remarked CEO David Greenway, “it was clear that a strategically located, central distribution and storage facility was a necessary component to both reduce costs of contract cold storage and shipping logics.”
“We are excited to have this completed and look forward to utilizing our new facility to reduce costs and touch points in our supply chain.”
Feel Foods recently received its CFIA Safe Food for Canadians License and is in the process of applying for a CFIA export license. This will allow the company to export its products to the United States and overseas in addition to importing products to be sold in Canada.
Feel Foods is an agri-food holdings company focused on innovative products and technologies in the food services industry. Its products include its wholly-owned BE Good plant-based foods line of plant-based chicken, pork, and beef products.
Feel Foods (FEEL) is up 1.37 per cent, trading at $0.37 at 3:55 pm ET.
