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NEXT MEATS HOLDINGS, INC.

(NXMH)
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Next Meats Holdings, Inc. Announces Constructing its Own Eco-Friendly Factory, Dedicated to Alternative Protein Products

07/30/2021 | 12:21pm EDT

Next Meats Holdings, Inc. announced plan to start the construction of their eco-friendly production facility called the "NEXT Factory", in Niigata, Japan, which is the hometown of Ryo Shirai, one of the two co-founders. This factory will be a one-stop hub dedicated to alternative protein products and will include everything from an R&D lab to the production line. This kind of large-scale facility specifically dedicated to the development of alternative proteins is likely to be the first of its kind in Japan*. In a press conference announcing the construction of the facility, founders Hideyuki Sasaki and Ryo Shirai revealed that the NEXT Factory will incorporate DX systems as well as solar panels and other sustainable technologies, and its completion is scheduled for next summer. Sasaki and Shirai expressed that by building the NEXT Factory, they aim to further stabilize the global supply chain of Next Meats products while lowering retail costs and strengthening the company's R&D capacities. Shirai, also voiced his strong determination to give back to his hometown and the Niigata prefecture, and his desire to contribute to and lead the alternative protein industry from Niigata. This dedication has been fervently exhibited recently. Next Meats is working with a local construction firm that uses materials sourced from the area, and is scheduled to co-produce a new product with Kameda Seika—one of the most prominent snack manufacturers in Japan, which is from Niigata—and they have also recently signed a cooperative research and development agreement with Nagaoka University of Technology, to study epigenetics and its new applications in developing alternative meat products. Next Meats says they hope to continue collaborating with local entities and spark open innovations and keep accelerating the growth of the alternative meat industry in Japan, and the world.


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Managers and Directors
Ryo Shirai Chief Executive Officer & Director
Koichi Ishizuka Chief Financial Officer & Director
Hideyuki Sasaki Chief Operating Officer & Director
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