BEND,
Ore., June 27, 2023 /PRNewswire/
-- BranchOut Food Inc., (Nasdaq: BOF): a leading
provider of dehydrated food products, is thrilled to announce the
completion of its first major production run at its newly
established large-scale dehydration facility in Peru using their proprietary GentleDry
dehydration Technology. This significant milestone marks a pivotal
moment for the company as it expands its production capacity,
greatly improves its gross margins, and begins fulfilling its
orders from prominent national grocery retailers, big-box stores,
and club customers.
Previously, BranchOut Food Inc. relied on a partner facility in
Chile. The establishment of the
new dehydration facility in Peru
significantly enhances the company's production capacity,
increasing it from approximately $1
million to about $30 million
in combined revenue, and greatly improves its gross margins. The
Peru facility offers ample room
for expansion, allowing BranchOut Food Inc. to add additional
production lines as the company continues to grow to meet the
rising demand for its products.
"We are excited to announce the completion of our first major
production run at our new dehydration facility in Peru," said Eric
Healy, CEO of BranchOut Food Inc. "This milestone represents
a significant leap forward for our company, enabling us to meet the
demands of our previously announced prominent retail customers
while leaving ample capacity for all the new retailers in our sales
pipeline."
About BranchOut Food Inc. BranchOut is an international
food-tech company delivering truly great natural snacks and real
superfood ingredients enabled by their licensed dehydration
technology. BranchOut Food is a leading provider of high-quality
dehydrated fruit and vegetable-based products and its commitment to
quality and innovation sets it apart as a trusted brand and private
label supplier. For more information about BranchOut Food Inc. and
its products, please visit www.branchoutfood.com.
Media Contact: BranchOut Food Inc.
Email: info@branchoutfood.com
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SOURCE BranchOut Food Inc.