Else Nutrition (OTCMKTS: BABYF), a food and nutrition company developing innovative, clean, plant-based food and nutrition products, has started commercial production at a new Midwest facility in the United States, improving cost-efficiency and product quality for their North American operations.
The Company has already started production of it's lead product, Toddler Organic, in August, with plans to trial their full product range in North America and establish long-term supply agreements.
The company says that the cost savings will positively impact cash flows by late 2023 as old inventory depletes. The new facility also improves product quality, making it easier to package and dissolve in water.
Hamutal Yitzhak, CEO, and Co-Founder of Else Nutrition stated: “I am very happy to announce this new production facility, it materially increases our manufacturing capacity to a level that will support significant growth in the coming years, while reducing our COGS and improving the quality of the product.”
Since launching its Plant-Based Complete Nutrition for Toddlers, made of whole foods, almonds, buckwheat, and tapioca, Else Nutrition has received thousands of powerful testimonials and reviews from parents, gained national retailer support, and achieved rapid sales growth.
Shares of Else Nutrition trade on the OTCMKTS under the ticker symbol BABYF. For more information visit www.elsenutrition.com
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