Food and Beverage News

SunOpta Announces New Organic Soy Milk Production

2006-08-23 - SunOpta Inc.

TORONTO, Aug 23, 2006 (BUSINESS WIRE) -- SunOpta Inc. (SunOpta or the Company) (STKL) (CA:SOY) today announced that it has commenced production of a new aseptically packaged organic soy milk product for a major U.S. retailer.

This product will be produced as part of a previously announced global contract and is expected to add an incremental $20 million in revenue over the next three years, bringing the total contract value to $80 million over that period.

Production of this organic soy milk product involves the full services of the SunOpta vertically integrated business model from sale of soy seed to processing the bean, to manufacturing soy liquid concentrate, to aseptically packaging the final product.

Production of organic aseptic beverages at SunOpta's aseptic packaging operations continues to grow as plant capacities are expanded with production volumes now at record levels.

About SunOpta Inc.
SunOpta Inc. is an operator of high-growth ethical businesses, focusing on integrated business models in the natural and organic food markets. The Company has three business units: the SunOpta Food Group, which specializes in sourcing, processing and distribution of natural and organic food products integrated from seed through packaged products; the Opta Minerals Group, a producer, distributor, and recycler of environmentally friendly industrial materials; and the SunOpta BioProcess Group which engineers and markets proprietary steam explosion technology systems for the pulp, bio-fuel and food processing industries. Each of these business units has proprietary products and services that give it a solid competitive advantage in its sector.

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We are strictly a bulk supplier to manufacturers – we do not sell to re-sellers or individuals. Our minimum order size is approximately 25 kilos. We are one of only a few suppliers that carry $5 million product liability insurance for our customers. AHD International LLC is classified as a importer, exporter, manufacturer, distributor of nutritional ingredients depending on the ingredient specified. AHD has 5 warehouse locations across North America and sales agents in over 10 countries. We are the only ingredient company to be awarded the Dun and Bradstreet's fastest growing company in America twice in 1999 and 2002.

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*"These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease."