Brief: Nate's Foods to purchase new equipment capable of generating up to $40 million annually

Nate's Food

05/02/2015 13:05

Feb 5 (Reuters) - Nate's Foods Co  NHMD.PK : 
 * Has finalized agreement to purchase new equipment capable of generating up to 
   $40 million annually 
 * Company has agreed to acquire a new rotary piston filling can line 
 * Says the new line will be capable of producing between 8 million and 10 
   million cans per year 
 * Company has begun moving its production from its Los Angeles co-packer to its 
   factory line in Fairfield 
 * Says initial components are expected to be installed in the next 3-4 weeks 
 
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