The company’s capacity expansions are paying off with net sales rising 28%.

Net sales for the pet food company rose 5.5% to $1.11 billion.

The investment will be used to support its WHISKAS, SHEBA and Royal Canin pet food brands, as well as its confectionery and human food operations. 

The focus of the facility will be the development of plant-based, microbial and cell-based meats, dairy, seafood and egg products.

For processors looking to scale up, finding the right construction partner is imperative.

The company reported increases in net sales, income and gross margin for the first quarter of 2024 and believes it can continue this momentum. 

The pet food division accounted for 22% of Colgate-Palmolive’s total sales in the first quarter.

The new plant is the company’s first in North Carolina and 23rd in the United States. 

Purina has not built a facility from the “ground up” since 1975.

Funds will expand capacity by 25% for C&D Foods, a subsidiary of ABP Food Group.