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Komo Plant Based Foods (CSE:YUM) expands production at new facility

Consumer
CSE:YUM
14 July 2021 09:45 (EDT)

Komo (YUM) has now completed its move to a larger commercial kitchen.

The new facility will allow Komo to increase production capacity to 2,500 units per week. Komo has successfully completed its first production run in the new facility.

The new location is a shared commissary kitchen that serves as Komo’s R&D (Research and Development) and production kitchen for the creation and test launch of new products.

Komo is exploring options for different dietary preferences, including gluten-free products.

“We recently moved into our new dedicated R&D and production kitchen space which will enable us to continue innovating with new plant-based products and scale up our production capacity,” says Komo Comfort Foods CEO Jeffrey Ma.

“We’re humbled by the customer feedback that our products have received over the past four months since launch and we will continue to bring easy, wholesome, hearty favourites to our customers’ dinner tables. With our local research and development kitchen and direct-to-consumer channel, we have the opportunity to bring concepts quickly to market for validation and feedback before scaling them nationwide. At Komo, we believe our innovation is a key component of our future growth and this new space will allow us to move faster and more efficiently.”

To scale up further to meet a national launch in the fall, Komo plans to work with a co-manufacturer for certain products, such as its Plant-based Lasagna and Shepherd’s Pie and is currently in the process of vetting co-manufacturing partners.

Komo Plant Based Foods Inc. is a plant-based food company that develops, manufactures, markets and sells a variety of plant-based frozen meals. 

Komo Plant Based Foods Inc. (YUM) opened trading at C$0.10 per share.

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