Food Technology Company Expands Production: Announces New $40M Peru Facility
BranchOut Food Inc. Expands Production Capabilities with Third EnWave Dehydration Machine.
BranchOut Food Inc. (NASDAQ: BOF), a food tech company specializing in dehydrated food products, has made significant strides in scaling its operations by securing a third EnWave dehydration machine for its new facility in Peru. This strategic expansion is expected to enhance the company's production capacity to an impressive $40 million, with anticipated gross margins between 40-50%. The new 100kW NutraRev System promises to improve throughput and margins, particularly in the business-to-business (B-to-B) ingredients sector. Alongside this technological upgrade, BranchOut Food has secured substantial orders, including $8 million from a major retailer and $1.1 million from a leading warehouse club. This article explores the implications of these developments and how they position BranchOut Food for future growth. $BranchOut Food (BOF.US)$
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