Petfood manufacturer Life's Abundance recently purchased a 1-acre plot in Jupiter Park, Florida, USA, where the company plans to build a new headquarters and distribution facility.
Lester Thornhill, the company's president, said Life's Abundance will build a 21,000-square-foot facility that is valued at US$3.1 million, including the US$600,000 it paid for the land. The company says it currently has about 32 employees and expects to grow to at least 50 with the new facility.
While cat trends continue, the pandemic has added to overall slow-growth treatment of the cat food market.
Premiumization and humanization, as well as automation, fueled continued operation growth in spite of the COVID-19 pandemic.