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, with no additional equipment or capital improvements needed.
The contract includes a five-year term, provisions for optional expansion to greater than $25 million in annual revenue, and tariff and inflation protection.
Estimated Revenue
$6.5 million - $13 million per year
Potential Growth
New contracts may bring food grade production to more than $50 million per year by 2027.
Revenue Projection
Possibility to double revenue in the next 18 months due to new contracts and business expansion.
- FSI is expanding into the food and nutrition supplement manufacturing markets with significant contracts for the Illinois plant, indicating strategic growth.
- The contracts show a positive outlook for revenue growth, with potential for substantial increase in the coming years.
- The company's focus on environmentally safe technologies aligns with market trends towards sustainability and eco-friendly solutions.
With the signing of the second significant food grade contract, FSI demonstrates its commitment to growth and innovation in environmentally friendly technologies. The company's projected revenue and expansion plans indicate a promising future in the industry.