Hungry Jack's founder Jack Cowin and CSIRO's $232 million Innovation Fund will lead the construction of a $20 million, Australia-first facility for processing grain legumes into alternatives to meat.
The factory will supply v2food, a new plant-based meat venture between the national science organisation, its Innovation Fund backed by institutional investors like Hostplus, and Cowin's Competitive Foods, the supplier and operator of more than 430 Hungry Jack's restaurants nationwide.
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Michael Bailey writes on arts and culture, and edits Weekend Fin. He is a former editor of the Financial Review Rich List. He is based in Sydney. Connect with Michael on Twitter. Email Michael at m.bailey@nine.com.au
