Flexible Solutions International, Inc. announces a new food grade contract for the Illinois plant with estimated revenue between $6.5 million and $13 million per year.
Limited production will begin immediately and scale up to the revenue estimates as quickly as possible.
The contract includes a five-year term, provision for optional expansion to greater than $25 million in annual revenue, and provisions for tariff and inflation protection.
Revenue Estimates
Estimated revenue between $6.5 million and $13 million per year with potential to reach over $50 million by 2027.
Contract Details
Includes a five-year term, optional expansion to over $25 million in revenue, and protection against tariffs and inflation.
Production Scale-Up
Limited production starting immediately will scale up to reach the revenue estimates.
- The new food grade contract signifies significant growth potential for FSI in the food and nutrition supplement manufacturing markets.
- With the potential to double revenue in the next 18 months, FSI aims to capitalize on the expanding demand for its biodegradable products.
- The contract brings enhanced stability to FSI's revenue stream with provisions for long-term growth and protection against economic fluctuations.
With the signing of the second significant food grade contract, FSI is poised for substantial revenue growth and market expansion in the food and nutrition sectors. The company's strategic approach to diversifying its product offerings and entering new markets positions it for sustained success in the coming years.