Flexible Solutions International (FSI) announces a new food grade contract for its Illinois plant with estimated revenue between $6.5 million and $13 million per year.
Limited production will start immediately and scale up to the revenue estimates without the need for additional equipment or capital improvements.
The contract includes provisions for optional expansion to over $25 million in annual revenue and tariff and inflation protection.
Revenue Increase
The new food grade contracts have the potential to bring FSI's production to over $50 million per year by 2027.
Business Growth
FSI aims to double its revenue within the next 18 months through new contracts and expanding existing businesses.
- FSI is expanding its presence in the food and nutrition supplement manufacturing markets with the signing of significant food grade contracts.
- The company's growth strategy includes diversification into new markets and leveraging existing business strengths.
With the signing of a second significant food grade contract, Flexible Solutions International is poised for substantial revenue growth and market expansion in the coming years.