The Kamine Family, an established pioneer with a 40-year history of building large-scale infrastructure projects nationwide, has announced the launch of Do Good Foods. Backed by a $169M investment from Nuveen, Do Good Foods is the first scalable solution to eliminating the 48 billion pounds of food waste generated by grocery stores each year. The company’s closed-loop system collects foods such as fruits, vegetables, and meats, after human donations can occur, and upcycles them into a nutrient-dense animal feed to create sustainable animal protein.
The first production facility in Fairless Hills, PA has the capacity to take in and convert 160 tons of surplus food from approximately 450 grocery stores every day, and about 60,000 tons annually. The company will replicate the model across the country over the next 5 years.