Nathaniel Hsieh, president of the company, said: “30 August marks an important milestone for Tritent’s corporate development. Together with the research of business model, creation of the business plan, site selection and funding raising, it has taken close to a year to come to this groundbreaking point.”
According to Hsieh, the company targets its completion of the plant by May 2013. Once completed and fully certified, it will become the fifth infant formula plant in the US.
The company has reached tentative agreement for the supply of its fresh milk from Swiss Valley, a Midwest dairy co-op, and is setting up distribution network in China as its main targeted market.
Source: Tritent Int’l Agriculture
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