- Else Nutrition (TSX:BABY) has started commercial production at a new U.S. facility in the Midwest
- The new production facility will be able to support the company’s manufacturing demand in the coming years in North America
- The Vancouver-based food and nutrition company stated that it completed production tests and scale-up in July and ran the first commercial production of its lead product, Toddler Organic, in August
- In the coming months, the company intends to complete trials for the rest of its products in North America and enter a long-term supply agreement
Else Nutrition (TSX:BABY) has started commercial production at a new U.S. facility in the Midwest.
The new production facility will be able to support the company’s manufacturing demand in the coming years in North America.
The Vancouver-based food and nutrition company stated that completed production tests and scale-up in July and ran the first commercial production of its lead product, Toddler Organic, in August. In the coming months, the company intends to complete trials for the rest of its products in North America and enter a long-term supply agreement.
The team also noted that quality of the produced product has also improved at the new facility, making the product easier to package, and dissolve better when mixed with water.
Hamutal Yitzhak, CEO and co-founder of Else Nutrition, said in a statement that this new production facility materially increases the company’s manufacturing capacity to a level that will support significant growth in the coming years, while improving the quality of the product.
“It secures our ability to supply the current and anticipated increase in demand for our products and will positively impact our COGS significantly,” Yitzhak said.
Else Nutrition Holdings Inc. is an Israel-based company active in the field of food manufacturing. The company focuses on research, development, manufacturing, marketing and sale of innovative plant-based food and nutrition products and maintains feeding accessory products for infants and dried food snacks.
Shares of Else Nutrition opened trading at $0.45 per share.
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