The meat processor Premium Food Group has began the process of winding down its Ahlen site in Germany. Majority of the 210 employees to be offered transfers to the Rheda-Wiedenbrück plant.
Four sites in Santa Catarina to receive upgrades; 278 new jobs expected.
The pigs are developed to resist a major swine disease are cleared for the food supply. The first commercial sales are expected in the U.S. by 2026.
The plant based meat company cites economic pressure, weak consumer appetite for its underwhelming Q1 performance.
The company joins industry peers in driving sustainability through emissions reduction and supplier collaboration.