China Nutrifruit Group Limited Begins Production of New Glazed Fruit Line
The new glazed fruit production line has an annual production capacity of 1,200 metric tons and will be mainly used for producing golden berry and blueberry glazed fruit products.
5 Jan 2010 --- China Nutrifruit Group Limited, a leading producer of premium specialty fruit based products in China, announced that the Company began production of its new glazed fruit production line at its Daqing facility in Heilongjiang Province, China.
The new glazed fruit production line has an annual production capacity of 1,200 metric tons and will be mainly used for producing golden berry and blueberry glazed fruit products. The new fully automated production line will help lower production costs as it reduces labor costs by approximately 50%, compared to the traditional production line.
"We have experienced strong demand and rapid growth in sales of our popular golden berry and recently launched blueberry glazed fruit products. The additional capacity at Daqing will enable us to meet the rapidly growing demand in our existing markets," commented Mr. Jinglin Shi, CEO of China Nutrifruit. "The new production line further strengthens our confidence that we will meet our fiscal 2010 guidance of approximately $72.0 - $76.0 million in revenue and $18.5 million in net income."
