'This is about creating foundations for our next chapter': The Tofoo Co. breaks ground on new Malton factory
A plant-based food company is set to double its production capacity as it establishes a new manufacturing base.
The Tofoo Co is investing in a new manufacturing facility with support from HSBC UK at Malton Enterprise Park in North Yorkshire.
A spokesman said the site, which will support the company’s growth plans, is expected to be completed in autumn 2027.
The company, which employs 170 staff, has also seen its turnover rise by 10 per cent year on year to £33m.
David Knibbs CEO, of The Tofoo Co, said: “Breaking ground on our new factory is an exciting moment for The Tofoo Co.
"We’ve built a strong position in the UK tofu market, and we see significant opportunities ahead as more consumers discover tofu as a natural, versatile source of protein.
"This investment is about creating the foundations for our next chapter and ensuring we have the capacity, capability and flexibility to meet growing demand from both the UK and Europe.”
“This is also a clear statement about investing in UK food manufacturing and developing the wider supply chain, something we passionately believe in. It is also about much more than increasing capacity.
"The new facility will give us twice the initial production capacity and significantly more productive space to enable us to grow.
"It gives us dedicated space for innovation, product development and customer engagement, with flexibility built in for the products we have yet to create.”
Sean Harrison, Managing Director, Harrisons Development Malton LLP, said: “We’re delighted to be leading the development of The Tofoo Co.’s new manufacturing facility at Malton Enterprise Park. “This is an important investment for the business, and we look forward to delivering a facility that supports its ambitions for growth, operational efficiency and future innovation.”
A spokesman added: “The new facility is designed to support long-term growth ambitions and provide the infrastructure needed to meet increasing demand. While The Tofoo Co. is not currently anticipating an immediate increase in headcount as a direct result of the expansion, the development will create opportunities to invest in skills, training and development as the business grows.”