Borealis Foods Inc. announced on November 13, 2024, a new partnership with one of the world's largest and most diversified food and beverage companies. Under this agreement, Borealis Foods' wholly-owned consumer packaged goods company, Palmetto Gourmet Foods, will exclusively produce a leading global ramen brand for the multinational partner. This collaboration is expected to significantly expand production at the Palmetto Gourmet Foods facility in South Carolina.
CEO Reza Soltanzadeh expressed pride in the partnership, highlighting its potential to bring a global ramen brand, enjoyed by over a billion people, to the U.S. market. This collaboration allows Borealis Foods to reach new markets with its U.S.-made products and innovative offerings. Six new SKUs are slated for a national launch in the first quarter of 2025.
The agreement is anticipated to expand Borealis Foods' reach significantly in the coming years as the company continues to innovate. This strategic partnership underscores Borealis Foods' role as an innovation partner to global food leaders, leveraging collaborations to enhance technological capabilities and deliver nutritious food products.
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