Alternative meat startup Beyond Meat is expanding its manufacturing footprint in Europe. That’s good news for shareholders and represents a new bulkhead for EU expansions that will decrease the cost of delivering Beyond products in European markets.
Beyond (ticker: BYND) is opening a new facility in the Netherlands. It’s the company’s first co-manufacturing facility in Europe. The plant, which will make the Beyond Burger and Beyond sausage, will be owned and operated by Zandbergen, a privately held protein producer. (Barron's)