Based on the current plan, production capacity expansion of the company’s organic and specialty food business will be located on the company’s existing production grounds.
The planned expansion will consist of hundreds of greenhouses with an annual projected production capacity in excess of 6.5 million kg comprised of a variety of organic products.
The entire project is expected to be completed by the end of 2012 with partial production starting during that year. The company expects to arrange for new distribution channels to accommodate the increased output once the expansion is in operation.
Lianyun Han, CEO and founder of Nutrastar, said: “For some time now, our efforts have been focused on growing two of our three consumer product businesses, our Cordyceps and beverage lines, which we have done with demonstrated success. Over the next several quarters, in addition to continuing our other expansion plans, we will be ardently focused on growing our third consumer product business, organic and specialty foods, including fresh produce.
“With strong support from the Heilongjiang provincial government and the Daqing city government, we’ll be building numerous greenhouses on our existing property and working alongside experts from Northeast Agricultural University to ensure proper quality control and food safety, and to meet the highest regulatory standards.”
Source: Nutrastar
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