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TPX

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Wednesday, 02/22/2017 7:23:47 AM

Wednesday, February 22, 2017 7:23:47 AM

Post# of 640799
IDGC News! IDGLOBAL CORP. Expands Product Line to Include Motor Oil and Antifreeze

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IDGLOBAL CORP. Expands Product Line to Include Motor Oil and Antifreeze

GlobeNewswire• February 22, 2017

BRIGHTON, Colo., Feb. 22, 2017 (GLOBE NEWSWIRE) -- IDGlobal Corp. (IDGC) is pleased to announce expanding the wholly-owned subsidiary RPC’s production lines to include Motor Oil and Antifreeze in Dolton, IL. The 40,000 square-foot facility currently houses four separate production lines, along with two blending areas for both liquid and powder. RPC’s Co-packing model currently collects co-pack fees on average of $12,500 per week. This expansion with current Purchase Orders for Oil and Antifreeze of multiple products will increase company revenue an additional $50,000 per month to start. Projected Annualized Revenue is $1.2 million per year for RPC.

http://finance.yahoo.com/news/idglobal-corp-expands-product-line-120000320.html
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