NEWS
BranchOut Food Inc. Secures Fourth EnWave Dehydration Machine for New Peru Factory with $40M Production Capacity
BranchOut Food (NASDAQ: BOF) announced the acquisition of a 10kW Radiant Energy Vacuum machine from EnWave for its new large-scale facility in Peru.
This machine will be important for R&D, rapid product development, and scaling up production to meet demands from major retailers.
The factory has a $40 million production capacity and is anticipated to enhance BOF's gross margins by 40-50%.
Currently, BOF is fulfilling orders worth over $9 million from leading retailers and expects additional orders throughout 2024.
The new facility and technology aim to fortify BOF's position as an innovative partner for major brands.
This machine will be important for R&D, rapid product development, and scaling up production to meet demands from major retailers.
The factory has a $40 million production capacity and is anticipated to enhance BOF's gross margins by 40-50%.
Currently, BOF is fulfilling orders worth over $9 million from leading retailers and expects additional orders throughout 2024.
The new facility and technology aim to fortify BOF's position as an innovative partner for major brands.
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