Flexible Solutions International announced 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 provisions for optional expansion, tariff and inflation protection, with a redacted version to be filed with the SEC soon.
Revenue Estimate
Estimated revenue range of $6.5 million to $13 million per year from the new food grade contract.
Contract Terms
Five-year term, optional expansion to over $25 million revenue, and provisions for tariff and inflation protection.
Growth Potential
Potential to reach over $50 million per year by 2027, aiming to double revenue in the next 18 months.
- The new contract signifies growth in FSI's food grade production, contributing to potential revenue of over $50 million annually by 2027.
- Expansion opportunities, tariff protection, and inflation provisions enhance the contract's long-term stability and revenue growth prospects.
With the new contract and growth prospects, FSI is positioned for significant revenue expansion in the food grade market, aiming to double revenue over the next 18 months.