Flexible Solutions International, Inc. (NYSE Amex: FSI) 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.
Estimated Revenue
Between $6.5 million and $13 million per year, with potential to exceed $25 million annually.
Contract Details
Five-year term, provisions for expansion, tariff protection, and inflation protection.
Growth Projection
Potential to bring new food grade production to over $50 million per year by 2027.
- The new contract signifies significant growth opportunities for Flexible Solutions International in the food and nutrition supplement manufacturing markets.
- With the potential to double revenue within the next 18 months, the company is strategically expanding its presence and capabilities.
- The contract paves the way for increased production capacity and revenue diversification in the food grade sector.
Flexible Solutions International's latest food grade contract marks a milestone in its revenue growth strategy, positioning the company for substantial financial expansion in the coming years.