Flexible Solutions International 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, provisions for optional expansion, and tariff and inflation protection.
Second Food Grade Contract
New contract for Illinois plant with revenue estimates between $6.5M and $13M per year.
Expansion Potential
Provision for revenue expansion to over $25M annually and tariff/inflation protection.
Contract Details
Specific products, customer, and volumes undisclosed; redacted version to be filed with SEC.
Revenue Projection
Potential to reach over $50M per year by 2027, aiming to double revenue in next 18 months.
- The new food grade contract adds significant revenue potential to FSI's portfolio and expands its presence in the food manufacturing market.
- No additional equipment or capital improvements are required for production, indicating efficient scalability and operational readiness.
With this second significant food grade contract and the potential for exponential revenue growth, Flexible Solutions International is strategically positioning itself for substantial financial success in the coming years.