(Memphis, Tenn.) April 26, 2017 – NouriTech™ and its lead investors, Calysta, Inc. and Cargill, were joined by state and local elected officials today to officially break ground on a 37-acre Memphis feed production facility. The plant will be home to the world’s largest gas fermentation operation that will produce Calysta’s FeedKind® protein, a nourishing and sustainable feed ingredient for fish, livestock and pets, using its proprietary technology.“Today’s groundbreaking is an important milestone for this project and our Cargill Memphis campus as it demonstrates our ongoing commitment to Tennessee, Shelby County and Memphis and has expanded our pledge to aquaculture as an increasingly important source of food,” said Cargill Managing Director Mike Wagner.“FeedKind protein is a new sustainable feed ingredient that is critical to helping meet sharply rising global demand for food,” said Alan Shaw, Ph.D., Calysta President and CEO. “We are delighted to partner with Cargill and the Memphis community to launch construction at NouriTech of our first commercial scale manufacturing plant. This is the next step in bringing this important product to markets throughout the world.”Upon completion, NouriTech will occupy 37 acres of Cargill’s 69-acre property on President’s Island, employ approximately 160 full-time team members and produce approximately 200,000 metric tons of FeedKind annually. The first phase of construction is expected to be completed in 2018, with the plant online in 2019, and the second phase of construction completed in 2020.State and community representatives spoke at the ceremony, including Tennessee Economic and Community Development Commissioner Bob Rolfe; Shelby County Mayor Mark H. Luttrell, Jr.; Memphis Mayor Jim Strickland; and Greater Memphis Chamber President Phil Trenary.“It is great to see NouriTech break ground on its new Memphis facility,” Tennessee Economic and Community Development Commissioner Bob Rolfe said. “The company announced plans in November 2016 to locate its new manufacturing facility in Shelby County and create many news jobs, and it is exciting to see NouriTech start the process of building this new facility. I look forward to seeing NouriTech continue to succeed in Tennessee and in the city of Memphis.”“We’re delighted about NouriTech’s decision to expand its mission in our community. It’s a thriving company that now has a new name and a new logo that will be known to people throughout the world.NouriTech has invested its corporate resources here which will create many new jobs and strengthen our business community,” said Shelby County Mayor Mark H. Luttrell, Jr.“We’re proud to have played a unique role in enabling NouriTech to create new jobs here in Memphis,” said Memphis Mayor Jim Strickland. “I’m proud this innovative venture decided that Memphis was the best place for it to grow, and I’m so glad to have another example of the momentum we’re seeing in our city.”“Memphis has established itself as a major center for advanced manufacturing, and we welcome the NouriTech brand to this community bringing new jobs and investment to Memphis,” said Greater Memphis Chamber President and CEO, Phil Trenary.NouriTech’s 37-acre site will feature:
NouriTech breaks ground: Brian Silvey, Cargill VP and Global Bioindustrial Director; Mike Wagner, Cargill Managing Director; Tennessee Economic and Community Development Commissioner Bob Rolfe; Shelby County Mayor Mark H. Luttrell, Jr.; Memphis Mayor Jim Strickland; Greater Memphis Chamber President; Phil Trenary; Alan Shaw, Ph.D., President and CEO, Calysta; and Doug Sheldon, Managing Executive/COO, NouriTech
# # #About NouriTechNouriTech™, Memphis, Tenn., is a venture formed in 2016 through investments from Cargill, Calysta and several third party institutions. The venture is building the world’s largest gas fermentation facility, which is expected to come online in 2019. The facility is expected to initially produce up to 20,000 metric tons per year of FeedKind® protein and expand to up to 200,000 metric tons per year when operating at full capacity. About CalystaCalysta, Menlo Park, Calif., is an innovator in sustainable products to improve worldwide food security. Calysta develops and commercializes FeedKind® protein, a sustainable, traceable alternative feed ingredient for fish, livestock and pet nutritional products.About CargillCargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. We have 150,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. For more information, visit Cargill.com and our News Center.Source: http://calysta.com/2017/04/calysta-cargill-officially-break-ground-on-nouritech-a-new-feed-production-plant-in-memphis/
(Memphis, Tenn.) April 26, 2017 – NouriTech™ and its lead investors, Calysta, Inc. and Cargill, were joined by state and local elected officials today to officially break ground on a 37-acre Memphis feed production facility. The plant will be home to the world’s largest gas fermentation operation that will produce Calysta’s FeedKind® protein, a nourishing and sustainable feed ingredient for fish, livestock and pets, using its proprietary technology.“Today’s groundbreaking is an important milestone for this project and our Cargill Memphis campus as it demonstrates our ongoing commitment to Tennessee, Shelby County and Memphis and has expanded our pledge to aquaculture as an increasingly important source of food,” said Cargill Managing Director Mike Wagner.“FeedKind protein is a new sustainable feed ingredient that is critical to helping meet sharply rising global demand for food,” said Alan Shaw, Ph.D., Calysta President and CEO. “We are delighted to partner with Cargill and the Memphis community to launch construction at NouriTech of our first commercial scale manufacturing plant. This is the next step in bringing this important product to markets throughout the world.”Upon completion, NouriTech will occupy 37 acres of Cargill’s 69-acre property on President’s Island, employ approximately 160 full-time team members and produce approximately 200,000 metric tons of FeedKind annually. The first phase of construction is expected to be completed in 2018, with the plant online in 2019, and the second phase of construction completed in 2020.State and community representatives spoke at the ceremony, including Tennessee Economic and Community Development Commissioner Bob Rolfe; Shelby County Mayor Mark H. Luttrell, Jr.; Memphis Mayor Jim Strickland; and Greater Memphis Chamber President Phil Trenary.“It is great to see NouriTech break ground on its new Memphis facility,” Tennessee Economic and Community Development Commissioner Bob Rolfe said. “The company announced plans in November 2016 to locate its new manufacturing facility in Shelby County and create many news jobs, and it is exciting to see NouriTech start the process of building this new facility. I look forward to seeing NouriTech continue to succeed in Tennessee and in the city of Memphis.”“We’re delighted about NouriTech’s decision to expand its mission in our community. It’s a thriving company that now has a new name and a new logo that will be known to people throughout the world.NouriTech has invested its corporate resources here which will create many new jobs and strengthen our business community,” said Shelby County Mayor Mark H. Luttrell, Jr.“We’re proud to have played a unique role in enabling NouriTech to create new jobs here in Memphis,” said Memphis Mayor Jim Strickland. “I’m proud this innovative venture decided that Memphis was the best place for it to grow, and I’m so glad to have another example of the momentum we’re seeing in our city.”“Memphis has established itself as a major center for advanced manufacturing, and we welcome the NouriTech brand to this community bringing new jobs and investment to Memphis,” said Greater Memphis Chamber President and CEO, Phil Trenary.NouriTech’s 37-acre site will feature:
NouriTech breaks ground: Brian Silvey, Cargill VP and Global Bioindustrial Director; Mike Wagner, Cargill Managing Director; Tennessee Economic and Community Development Commissioner Bob Rolfe; Shelby County Mayor Mark H. Luttrell, Jr.; Memphis Mayor Jim Strickland; Greater Memphis Chamber President; Phil Trenary; Alan Shaw, Ph.D., President and CEO, Calysta; and Doug Sheldon, Managing Executive/COO, NouriTech
# # #About NouriTechNouriTech™, Memphis, Tenn., is a venture formed in 2016 through investments from Cargill, Calysta and several third party institutions. The venture is building the world’s largest gas fermentation facility, which is expected to come online in 2019. The facility is expected to initially produce up to 20,000 metric tons per year of FeedKind® protein and expand to up to 200,000 metric tons per year when operating at full capacity. About CalystaCalysta, Menlo Park, Calif., is an innovator in sustainable products to improve worldwide food security. Calysta develops and commercializes FeedKind® protein, a sustainable, traceable alternative feed ingredient for fish, livestock and pet nutritional products.About CargillCargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. We have 150,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. For more information, visit Cargill.com and our News Center.Source: http://calysta.com/2017/04/calysta-cargill-officially-break-ground-on-nouritech-a-new-feed-production-plant-in-memphis/