Oatly (OTLY) Announces Americas Oat Base Capacity Expansion to Support an Acceleration in Consumer Demand
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Oatly Announces Americas Oat Base Capacity Expansion to Support an Acceleration in Consumer Demand
August 16, 2021 7:01 AM EDTMALM, Sweden, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Oatly Group AB (Nasdaq: OTLY) (Oatly or the Company), the worlds original and largest oat drink company, today announced an increase in oat base capacity at its Ogden, Utah facility in the Americas region to support an acceleration in consumer demand.
In the second half of 2021 the Company will start construction to add 75 million liters of finished goods equivalent oat base capacity. Total production will increase from an estimated 150 million liters annually at full production to an estimated 225 million liters annually to... More
