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  "documentTitle": "Oatly Group AB (OTLY)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2021-07-14 00:00:00",
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      "text": "As we previously pointed out, approximately 60% of Oatly’s climate sustainability impact is related to oats and transportation. Yet, Oatly spent $10m on a purchasing a used plumbing facility from its co-packer? We believe the CEO’s response to a question of why it chose Millville is whimsical and displays a lack of in depth planning.",
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      "text": "We believe the CEO's response to a question of why it chose Millville is whimsical and displays a lack of in depth planning.",
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      "text": "Photos of the Millville facility",
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      "text": "Oatly U.S. President Messersmith: \"Messersmith said the Millville project materialized because of its proximity to supply partners. Two area businesses, Cumberland Dairy and Innovation Foods, co-pack Oatly products under a multi-year supply agreement.\" \"90% of our oats come from Western Canada\"",
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      "text": "Oatly CEO Peterson on Why Millville?: \"It was obvious to open on the East coast and not anywhere else. The sky is blue, the people are nice. Can't be better, right?\"",
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      "text": "$10 Million Paid For An Old Pluming Facility Built In 1972",
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      "text": "\"It was obvious to open on the East coast and not anywhere else. The sky is blue, the people are nice. Can't be better, right?\" — Oatly CEO Peterson, Vice Interview, March 2019",
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      "kind": "source-note",
      "text": "Source: “Swedish Firm Opening Oat Processing Plant In Millville”, Daily Journal, Oct 2018",
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      "kind": "title",
      "text": "Evidence of Poor Capex Planning",
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