“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, 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.
“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.”