M&A activity in the pet food and treat industry continues to show strength despite slowing from 2021 and 2022 levels.

The company has acquired Red Collar Pet Food’s facility in Joplin, Mo., from Arbor Investments.

Jim Cohen will serve as Oregon Freeze Dry’s president and chief executive officer.

The facility, located in Miami, Okla., will produce Purina’s lines of dog and cat treats.

The company sold three of its facilities to focus on pet treat manufacturing.

The company has revealed plans to expand with three new facilities from Red Collar Pet Foods.

After acting as interim president and chief executive officer, Jim Cohen will fully take over the position.