Nate’s Food has broken ground on the development of a new facility that would increase production by approximately 10 million cans per year.
The new facility would increase the Company's capacity from 5 million cans annually to 15 million cans annually. The facility is being built in Fairfield, California in partnership with ABCO Labs. This facility will work in conjunction with the Company's current manufacturing facility located in Los Angeles, California and satisfy the Company's expected forecast. It is expected that the new facility will become operational in the next 12 months.
The Company is currently working with SouthCorp Capital to finalize the plans for the factory in Indiana. The Company expects the plans will be submitted for permits in the next 45-60 days. The factory in Indiana will be capable of producing up to 100 million cans per year.
The factory in Indiana will handle the Company's expansion of its product line including the following products: Omelet, Guacamole, Cookie Mix, Brownie Mix, Cake Mix, Syrups, and Compound Butters in addition to the flavor expansion. It is expected that the Indiana factory will become operational within the next 24 months.
