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.
Contract Details
New food grade contract for Illinois plant with revenue estimate of $6.5-13 million/year. Includes provisions for expansion and tariff protection.
Financial Outlook
Potential to reach over $50 million annual revenue by 2027 with new contracts and business strategies.
Revenue Growth
Possibility to double revenue in the next 18 months with new contracts and business expansions.
- The new food grade contract signifies FSI's expansion into the food and nutrition supplement manufacturing markets.
- Potential revenue growth to more than $50 million per year by 2027 shows promising business trajectory for FSI.
- The contract terms provide stability and growth opportunities for FSI in the food grade production sector.
With the new food grade contract and promising revenue projections, FSI is on track for significant growth and expansion in the coming years.