Raisio announced that it is planning to invest nearly €45 million in its production facility to develop and manufacture plant-based added-value products. To be built in the company's carbon-neutral industrial area, the production facility will increase Raisio's production capacity. Raisio will focus on added-value products, in which oats and a wide range of plant-based raw materials can be used. When fully operational, the facility is expected to employ 30 to 35 people, some of whom will work in product development. The first products made in the factory will be available in eco-friendly packages and are expected to be in stores in 2021. By investing in its production facility, the company intends to strengthen its position as a specialist in plant-based food and supports growth in line with the company's strategy. For this expansion, the company will use its strong cash position, as well as cash flow. Raisio noted that it will also establish a European business based on the company's strong oat expertise and plant-based food.