Cooks Venture received $50 million in funding in 2022.

The company invested $300 million in the new facility.

Will transfer production to Tar Heel, NC, plant.

Company details advancements as part of sustainability report.

Will continue in role as chief growth officer.

About 400 workers were affected by the decision.

Had been in role since October 2022.

The company announced its plan for a dual listing in July.

Michigan facility processes ham, sausage and other value-added meats.

Two plants located in Missouri, one each in Arkansas and Indiana.