Beyond Meat Leases Gigantic New Headquarters Building
In a press release this morning, plant-based-meat maker Beyond Meat (NASDAQ: BYND) said it is leasing a 300,000 square foot campus to serve as its new headquarters, giving it a huge space increase for research and development facilities. The building is currently under construction in the California city of El Segundo by Hackman Capital Partners and several other companies. It should be completed this spring and will open as Beyond Meat's new HQ in autumn of this year if all goes according to schedule.
Beyond Meat says the facility will house three to four times its current number of R&D people once the three-phase opening of the campus is complete. This greatly expanded team of researchers will work in high-tech conditions featuring "advanced research labs," artificial intelligence, machine learning, and other technology selected to speed up the process of developing new plant-based products for the company's lineup.
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Source Fool.com
