True 2 Beauty Inc., a leading manufacturer and distributor of sexual potency pills and liquid products, announced this morning that the “Libigrow” family of products has begun the first phase of its production capacity expansion, ordering two custom-built 10-line packaging machines.
These machines, using Libigrow’s proprietary process of packaging, will together be capable of producing 20,000 packages per hour; significantly increasing daily capacity. The first of the two machines is expected to be delivered by early 1Q 2011. With the current backlogs of orders, the company anticipates that the first machine will run 24 hours a day for 7 days in order to fill the current backorders.
Alex Hbaiu, President and CEO of True 2 Beauty, Inc., stated, “These custom-built packaging machines will not only allow us to satisfy our rapidly growing demand but also begin our multi- million dollar national brand awareness campaign in the near future.” The company intends to order four more machines next year to maintain Libigrow’s growth projections.
About QualityStocks:
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment