Nate's Food Company (NHMD)

[Andco]

Nate’s Food Co. Announces It Has Begun Expanding Capacity to 24 Million Cans Per Year Providing Revenue Potential of $75 Million Annually | FinancialContent Business Page

Nate’s Food Co. (OTC: NHMD) announced today that it has begun expanding its production capacity to approximately 100,000 cans a day, or 24 million cans per year, which could provide revenue up to $75 Million per year.

The Company currently has the capacity to make 10-12 million cans a year. The Company’s initial discussions on placement of our products in grocery stores would exceed that capacity. As a result, the Company has begun to expand its production capacity in order to meet the orders that we expect. If we can obtain a footprint in the 13,000 stores that were previously obtained, that would require each store to only order 1,800 cans per year to meet the increased production capacity of 24 million cans.