Voyage Foods Plans Manufacturing Facility in Mason Ohio
Voyage Foods has selected Mason, Ohio as the site for their new innovative food manufacturing facility. The 284,000 facility will be the home base for their cocoa-free chocolate, nut-free spreads, and bean-free coffee. The manufacturing plant is expected to be operational by 2025 and will have the capacity to make 10,000 metric tons of cocoa-free chocolate annually once fully built.
The facility will be partially funded by a guaranteed loan program from the U.S. Department of Agriculture. The facility will also support Cargill, which became Voyage’s exclusive B2B global distributor for the nut-free spreads and cocoa-free chocolate.
The food company largely uses plant-based ingredients upcycled from waste and side streams. Their sustainable approach does not compromise on flavor and uses less water and land than traditional counterparts.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.