VITA SWEET plc
VITA SWEET plc Expands Production Capacity
Vita Sweet plc / Miscellaneous 05.11.2009 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- VITA SWEET plc Expands Production Capacity London, England - November 5, 2009 - (WKN: A0M7QJ) - Vita Sweet plc ('Vita Sweet'), an English based company, with subsidiaries in the U.S.A. and Mexico, specializing in the manufacturing and marketing of agave syrup for the international consumer sweetener market announced that it has commenced an expansion program to increase production capacity to keep up with market demand for its product. Vita Sweet stated in its press release of September 15, 2009 that the current production capacity was 5 metric tons of agave syrup product per week or a little more than 20 tons per month. Jose Venzor, CEO of Vita Sweet stated that ' It became obvious to us that at the current production rate we would be at full capacity almost immediately and that it would limit our ability to satisfy the growing market demand for our product.' Mr. Venzor went on to state that 'We therefore made the decision to upgrade the equipment and expand the facility so that the production capability could accommodate the processing of up to 160 tons of final product representing revenue in the range of $3 million USD per month.' The expansion process, which was started in late September, involves the replacement of several pieces of equipment, including a crusher / press line capable of handling the increased load of raw agave plants. It also requires the removal of some walls and re-configuration of space to accommodate the new and larger equipment. In order to make these modifications, the production line will be shut down for several weeks. The plan is to resume full production in November of this year, according Mr. Venzor. The expanded production facility will enable Vita Sweet to increase production capacity over five times its current capacity while reducing production unit cost and increasing profit margins. For further information about Vita Sweet you may visit www.vitasweet.tv. Contact Information: Vita Sweet plc. Kleen Consult, Investor Relations (Europe) Jose Venzor, CEO Karsten Behrens Tel: 505-577-3901 (USA) Tel: +41 41 560 71 00 (Switzerland) Email: venzor111@aol.com Email: kleenconsult@aol.com 05.11.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------------
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