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- Spectrum Organic Products Responds to FDA Letter Regarding Use of Non-GMO Seal on Canola Oil Label
- Supplement Group Targets Consumer Education
- ADM Awarded Nutraceuticals Patent Patent Creates Proprietary Position for ADM in Fast-Growing Nutraceutical Market
- Tantivy Sciences Obtains Exclusive License to Unique Nutraceutical Products
- ConsumerLab.com Finds Most B-vitamin Supplements Contain What They Claim, But Often Exceed Safe Levels - Consumers Cautioned to Be Aware of Side Effects with High Dose Products
- Nutraceutix, Inc., Nutravite Announcement Commercial Availability of CDT™ Glucosamine for Canadian Marketplace
- Human Genome Project Leads to Innovative Healthcare
- NPIcenter’s Career Center targets nutraceutical Industry
- Adding Vitamin C To Certain Drugs May Help Treat Alzheimer's, Other Brain Disorders
- Adding Vitamin C To Certain Drugs May Help Treat Alzheimer's, Other Brain Disorders
- Editorial: An Exercise in Synergy
- NBTY, Inc. Appoints Harvey Kamil President, Scott Rudolph To Continue As Chairman And CEO
- Ross Products to Launch Infant Formula Supplemented With Two New Fatty Acids
- Ross Products to Launch Infant Formula Supplemented With Two New Fatty Acids
- Ross Products to Launch Infant Formula Supplemented With Two New Fatty Acids
- LignisulMSM vs Naproxen for Osteoarthritis Clinical Trial Gets Underway
- FDA Presents Compliance Guide for Structure/Function Claims
- New TrimFit® Bars Redefine Energy Bar Category
- New TrimFit® Bars Redefine Energy Bar Category
- Probiata® Offers Safe, Natural and Effective Alternative
- Alive & Well with Michelle Harris
- Be Well and Get Rewarded! Find Personalized Wellness Solutions and Earn Free Vitamins at NatureMade.com
- Consumers Search for Healthy Cleaning Products That Work
- Nordic Naturals: Omega 3 Fatty Acids
- KAVA ADVISORY: Health Canada is advising consumers not to use any products containing kava
- Modern Science Confirms Ancient Wisdom!
- Modern Science Confirms Ancient Wisdom!
- "Natural" or "Plant-Derived" Labeling Can Mislead
- CDN: Natural Health Products Report - Update
- NPI Editorial: Are we using Best Practices?
- AHPA Update: Kava Information from the AHPA Executive Committee
- European Commission Proposes Registration Scheme for Herbal Medicine to Avoid Need for Testing
- Statement on Kava in New Zealand
- BICL Discontinues Kava Sales; Health Canada Issues Consumer Warning
- BICL Discontinues Kava Sales; Health Canada Issues Consumer Warning
- Chr. Hansen Celebrates Official Opening of New Office in Dubai
Company opened Middle East and Africa headquarters on February 24, 2005.
- Chr. Hansen Celebrates Official Opening of New Office in Dubai
Company opened Middle East and Africa headquarters on February 24, 2005.
- Vital Living Enters into Agreement with Wellness Now, LLC
Company announces agreement with Wellness Now, LLC, to act as a Master Distributor for all areas of the United States that are not presently being reached by the company's current distribution channels.
- Vital Living Enters into Agreement with Wellness Now, LLC
Company announces agreement with Wellness Now, LLC, to act as a Master Distributor for all areas of the United States that are not presently being reached by the company's current distribution channels.
- Leading Yerba Maté Brand Gets Boost by Partnering with Oasis Sales and Marketing
Company announces a strategic partnership with Oasis Sales & Marketing to expand sales programs.
- Leading Yerba Maté Brand Gets Boost by Partnering with Oasis Sales and Marketing
Company announces a strategic partnership with Oasis Sales & Marketing to expand sales programs.
- Spectrum Organic Products Reports Sales for 2004
Company reports net sales for FY04 of $49,915,400 versus $45,676,500 prior year, with the Spectrum Naturals(R) brand of culinary products up 17% and the Spectrum Ingredients Division industrial culinary sales increasing by 11%. Company's Spectrum Essentials(R) brand of nutritional supplements had sales fall by 8%. Company reports net loss of $832,700 or $0.02 per share versus net income of $2,663,600 ($0.06 per share) for the prior year.
- Spectrum Organic Products Reports Sales for 2004
Company reports net sales for FY04 of $49,915,400 versus $45,676,500 prior year, with the Spectrum Naturals(R) brand of culinary products up 17% and the Spectrum Ingredients Division industrial culinary sales increasing by 11%. Company's Spectrum Essentials(R) brand of nutritional supplements had sales fall by 8%. Company reports net loss of $832,700 or $0.02 per share versus net income of $2,663,600 ($0.06 per share) for the prior year.
- BioGaia Signs Agreement In India
Company sings agreement with India's Uni-Sankyo that gives Uni-Sankyo the right to produce and sell dietary supplements with Reuteri in India.
- BioGaia Signs Agreement In India
Company sings agreement with India's Uni-Sankyo that gives Uni-Sankyo the right to produce and sell dietary supplements with Reuteri in India.
- Ariel Calmanovici Named CFO of Frutarom USA Inc.
Company appoints Ariel Calmanovici as Chief Financial Officer of Frutarom USA INc.
- Ariel Calmanovici Named CFO of Frutarom USA Inc.
Company appoints Ariel Calmanovici as Chief Financial Officer of Frutarom USA INc.
- Ariel Calmanovici Named CFO of Frutarom USA Inc.
Company appoints Ariel Calmanovici as Chief Financial Officer of Frutarom USA INc.
- Ariel Calmanovici Named CFO of Frutarom USA Inc.
Company appoints Ariel Calmanovici as Chief Financial Officer of Frutarom USA INc.
- SunOpta Announces 2004 Year End Results
Company reports sales of $306,251,000 compared to $199,099,000 in 2003 led by a 57% increase in revenues within the Company's vertically integrated food operations, focused on the natural and organic foods markets.
- SunOpta Announces 2004 Year End Results
Company reports sales of $306,251,000 compared to $199,099,000 in 2003 led by a 57% increase in revenues within the Company's vertically integrated food operations, focused on the natural and organic foods markets.
- Praesidian Capital Supports the Acquisition of Nutritional Laboratories
Company provided $7.2 million in Subordinated Debt to support the acquisition of Nutritional Laboratories International, Inc. by management and Red Diamond Capital, L.P.
- Praesidian Capital Supports the Acquisition of Nutritional Laboratories
Company provided $7.2 million in Subordinated Debt to support the acquisition of Nutritional Laboratories International, Inc. by management and Red Diamond Capital, L.P.
- Martek Announces First Quarter Financial Results
Company reports revenues of $66.5 million compared to $35.6 million Q1 prior year, with net income of $7.1 million, or $0.23 per diluted share, compared to $3.4 million, or $0.11 per diluted share previus year.
- Martek Announces First Quarter Financial Results
Company reports revenues of $66.5 million compared to $35.6 million Q1 prior year, with net income of $7.1 million, or $0.23 per diluted share, compared to $3.4 million, or $0.11 per diluted share previus year.
- Zila Announces Results for Its Fiscal 2005 Second Quarter
Company reports net revenues of $13.3 million, down from $13.6 million prior year, Zila Nutraceuticals revenues increased by $1.2 million to $9.8 million. Overall, company reports a net loss for the quarter of $2.7 million, or six cents per share, compared to a loss of $1.0 million, or two cents per share prior year.
- Zila Announces Results for Its Fiscal 2005 Second Quarter
Company reports net revenues of $13.3 million, down from $13.6 million prior year, Zila Nutraceuticals revenues increased by $1.2 million to $9.8 million. Overall, company reports a net loss for the quarter of $2.7 million, or six cents per share, compared to a loss of $1.0 million, or two cents per share prior year.
- KGK Synergize and Lecigel Enter Into a Joint Venture Agreement For Sytrinol(TM)
Companies confirm Joint Venture (JV) agreement involving a Sytrinol combination and LeciGel’s technology, with intent to commercialize the resulting technology into the functional food and beverage market.
- KGK Synergize and Lecigel Enter Into a Joint Venture Agreement For Sytrinol(TM)
Companies confirm Joint Venture (JV) agreement involving a Sytrinol combination and LeciGel’s technology, with intent to commercialize the resulting technology into the functional food and beverage market.
- KGK Synergize and Lecigel Enter Into a Joint Venture Agreement For Sytrinol(TM)
Companies confirm Joint Venture (JV) agreement involving a Sytrinol combination and LeciGel’s technology, with intent to commercialize the resulting technology into the functional food and beverage market.
- KGK Synergize and Lecigel Enter Into a Joint Venture Agreement For Sytrinol(TM)
Companies confirm Joint Venture (JV) agreement involving a Sytrinol combination and LeciGel’s technology, with intent to commercialize the resulting technology into the functional food and beverage market.
- KGK Synergize and Lecigel Enter Into a Joint Venture Agreement For Sytrinol(TM)
Companies confirm Joint Venture (JV) agreement involving a Sytrinol combination and LeciGel’s technology, with intent to commercialize the resulting technology into the functional food and beverage market.
- KGK Synergize and Lecigel Enter Into a Joint Venture Agreement For Sytrinol(TM)
Companies confirm Joint Venture (JV) agreement involving a Sytrinol combination and LeciGel’s technology, with intent to commercialize the resulting technology into the functional food and beverage market.
- KGK Synergize and Lecigel Enter Into a Joint Venture Agreement For Sytrinol(TM)
Companies confirm Joint Venture (JV) agreement involving a Sytrinol combination and LeciGel’s technology, with intent to commercialize the resulting technology into the functional food and beverage market.
- P.L. Thomas and Laila Impex Announce Strategic Alliance
Alliance formally recognizes commitment to an intensified and united approach to advanced ingredient discoveries.
- P.L. Thomas and Laila Impex Announce Strategic Alliance
Alliance formally recognizes commitment to an intensified and united approach to advanced ingredient discoveries.
- Herbalife International Appoints Melanie Hayden General Manager of Herbalife Canada
Company appoints Melanie Hayden as general manager of Herbalife Canada, reporting to Rob Levy, senior vice president of the company's Americas region.
- Herbalife International Appoints Melanie Hayden General Manager of Herbalife Canada
Company appoints Melanie Hayden as general manager of Herbalife Canada, reporting to Rob Levy, senior vice president of the company's Americas region.
- Herbalife International Appoints Melanie Hayden General Manager of Herbalife Canada
Company appoints Melanie Hayden as general manager of Herbalife Canada, reporting to Rob Levy, senior vice president of the company's Americas region.
- Herbalife International Appoints Melanie Hayden General Manager of Herbalife Canada
Company appoints Melanie Hayden as general manager of Herbalife Canada, reporting to Rob Levy, senior vice president of the company's Americas region.
- OptiPure® Brand Chemco Industries, Inc. and Use Techno Sign an Exclusive Distribution and Marketing Agreement
Companies sign agreement on GlucoTrim® Banaba leaf extract where OptiPure® and Soft Gel Technologies Inc.®, (SGTI®) are now the exclusive source for Banaba leaf extracts typically used in soft gelatin capsules, tablets, and two piece hard shell capsules.
- OptiPure® Brand Chemco Industries, Inc. and Use Techno Sign an Exclusive Distribution and Marketing Agreement
Companies sign agreement on GlucoTrim® Banaba leaf extract where OptiPure® and Soft Gel Technologies Inc.®, (SGTI®) are now the exclusive source for Banaba leaf extracts typically used in soft gelatin capsules, tablets, and two piece hard shell capsules.
- OptiPure® Brand Chemco Industries, Inc. and Use Techno Sign an Exclusive Distribution and Marketing Agreement
Companies sign agreement on GlucoTrim® Banaba leaf extract where OptiPure® and Soft Gel Technologies Inc.®, (SGTI®) are now the exclusive source for Banaba leaf extracts typically used in soft gelatin capsules, tablets, and two piece hard shell capsules.
- Hansen Natural Corporation Reports Record Financial Results for 2004
Company reports net sales of $180.3 million compared to $110.4 million the prior year, while net income grew from $5.9 million, or $0.55 per diluted share to $20.4 million, or $1.73 per diluted share; results due in large part to increased sales volumes of Monster Energy(R) drinks and Lo-Carb Monster Energy(R) drinks.
- Hansen Natural Corporation Reports Record Financial Results for 2004
Company reports net sales of $180.3 million compared to $110.4 million the prior year, while net income grew from $5.9 million, or $0.55 per diluted share to $20.4 million, or $1.73 per diluted share; results due in large part to increased sales volumes of Monster Energy(R) drinks and Lo-Carb Monster Energy(R) drinks.
- Sabinsa Corporation Granted European Patent for ForsLean®
Company has been granted a patent by the European Patent Office for the use of forskolin, the active compound in the company's ForsLean brand Coleus forskohlii extract.
- Sabinsa Corporation Granted European Patent for ForsLean®
Company has been granted a patent by the European Patent Office for the use of forskolin, the active compound in the company's ForsLean brand Coleus forskohlii extract.
- Sabinsa Corporation Granted European Patent for ForsLean®
Company has been granted a patent by the European Patent Office for the use of forskolin, the active compound in the company's ForsLean brand Coleus forskohlii extract.
- Sabinsa Corporation Granted European Patent for ForsLean®
Company has been granted a patent by the European Patent Office for the use of forskolin, the active compound in the company's ForsLean brand Coleus forskohlii extract.
- Sabinsa Corporation Granted European Patent for ForsLean®
Company has been granted a patent by the European Patent Office for the use of forskolin, the active compound in the company's ForsLean brand Coleus forskohlii extract.
- Sabinsa Corporation Granted European Patent for ForsLean®
Company has been granted a patent by the European Patent Office for the use of forskolin, the active compound in the company's ForsLean brand Coleus forskohlii extract.
- Dean Foods Announces Resignation of WhiteWave Foods President Steve Demos
Steve Demos has resigned his position as President of the Company's WhiteWave Foods with Dean Foods Chairman and Chief Executive Officer, Gregg Engles, assuming direct leadership over WhiteWave Foods on an interim basis.
- Dean Foods Announces Resignation of WhiteWave Foods President Steve Demos
Steve Demos has resigned his position as President of the Company's WhiteWave Foods with Dean Foods Chairman and Chief Executive Officer, Gregg Engles, assuming direct leadership over WhiteWave Foods on an interim basis.
- Dean Foods Announces Resignation of WhiteWave Foods President Steve Demos
Steve Demos has resigned his position as President of the Company's WhiteWave Foods with Dean Foods Chairman and Chief Executive Officer, Gregg Engles, assuming direct leadership over WhiteWave Foods on an interim basis.
- Dean Foods Announces Resignation of WhiteWave Foods President Steve Demos
Steve Demos has resigned his position as President of the Company's WhiteWave Foods with Dean Foods Chairman and Chief Executive Officer, Gregg Engles, assuming direct leadership over WhiteWave Foods on an interim basis.
- Dean Foods Announces Resignation of WhiteWave Foods President Steve Demos
Steve Demos has resigned his position as President of the Company's WhiteWave Foods with Dean Foods Chairman and Chief Executive Officer, Gregg Engles, assuming direct leadership over WhiteWave Foods on an interim basis.
- AMS Health Sciences Announces 2004 Year-End Financial Results
Company reports net sales of $18.5 million for FY04 compared to $18.5 million prior year; 2004 net loss reported at $6.3 million, or $(0.90) per common and diluted share, compared to a net loss of $2.6 million, or $(0.57) per common and diluted share in 2003.
- AMS Health Sciences Announces 2004 Year-End Financial Results
Company reports net sales of $18.5 million for FY04 compared to $18.5 million prior year; 2004 net loss reported at $6.3 million, or $(0.90) per common and diluted share, compared to a net loss of $2.6 million, or $(0.57) per common and diluted share in 2003.
- E.T. Horn Company Selected By Loders Croklaan as Exclusive Distributor of SensoryEffects(TM) Products in Western States
Company signs distribution agreement with Loders Croklaan to represent its line of SensoryEffects(TM) inclusions throughout the western United States.
- E.T. Horn Company Selected By Loders Croklaan as Exclusive Distributor of SensoryEffects(TM) Products in Western States
Company signs distribution agreement with Loders Croklaan to represent its line of SensoryEffects(TM) inclusions throughout the western United States.
- Natrol Announces 2004 Results
Company reports net income of $1.9 million or $0.13 per diluted share compared to a net loss of $1.5 million or $0.11 per share prior year; net sales for 2004 rose 9.1%, from $72.7 million to $79.3 million.
- Natrol Announces 2004 Results
Company reports net income of $1.9 million or $0.13 per diluted share compared to a net loss of $1.5 million or $0.11 per share prior year; net sales for 2004 rose 9.1%, from $72.7 million to $79.3 million.
- Enzymotec Targets South-East Asia Functional Oils Market
Company declares intention of penetrating functional oils market of South-East Asia and Western Pacific.
- Enzymotec Targets South-East Asia Functional Oils Market
Company declares intention of penetrating functional oils market of South-East Asia and Western Pacific.
- EuroPharma and Enzymatic Therapy Sign Licensing and Distribution Agreement
Enzymatic Therapy to take over marketing, sales and dsitribution of Europharma's SneezEze and Renouvelle products.
- EuroPharma and Enzymatic Therapy Sign Licensing and Distribution Agreement
Enzymatic Therapy to take over marketing, sales and dsitribution of Europharma's SneezEze and Renouvelle products.
- NSF International and American Herbal Pharmacopoeia®
Strategic Partnership Raises the Bar on Botanical Industry Standards. NSF International (NSF), an independent, not-for-profit organization, announced a new strategic partnership with American Herbal Pharmacopoeia® (AHP), a California-based non-profit research organization.
- NSF International and American Herbal Pharmacopoeia®
Strategic Partnership Raises the Bar on Botanical Industry Standards. NSF International (NSF), an independent, not-for-profit organization, announced a new strategic partnership with American Herbal Pharmacopoeia® (AHP), a California-based non-profit research organization.
- NSF International and American Herbal Pharmacopoeia®
Strategic Partnership Raises the Bar on Botanical Industry Standards. NSF International (NSF), an independent, not-for-profit organization, announced a new strategic partnership with American Herbal Pharmacopoeia® (AHP), a California-based non-profit research organization.
- NSF International and American Herbal Pharmacopoeia®
Strategic Partnership Raises the Bar on Botanical Industry Standards. NSF International (NSF), an independent, not-for-profit organization, announced a new strategic partnership with American Herbal Pharmacopoeia® (AHP), a California-based non-profit research organization.
- NSF International and American Herbal Pharmacopoeia®
Strategic Partnership Raises the Bar on Botanical Industry Standards. NSF International (NSF), an independent, not-for-profit organization, announced a new strategic partnership with American Herbal Pharmacopoeia® (AHP), a California-based non-profit research organization.
- NSF International and American Herbal Pharmacopoeia®
Strategic Partnership Raises the Bar on Botanical Industry Standards. NSF International (NSF), an independent, not-for-profit organization, announced a new strategic partnership with American Herbal Pharmacopoeia® (AHP), a California-based non-profit research organization.
- SourceOne(TM) Announces Joint Venture Agreement with American River Nutrition
Company to provide marketng and sales to scientific support, product development and manufacturing contribution of American River Nutrition.
- SourceOne(TM) Announces Joint Venture Agreement with American River Nutrition
Company to provide marketng and sales to scientific support, product development and manufacturing contribution of American River Nutrition.
- Nutritional Laboratories International Signs Equity Deal with Red Diamond Capital
Company finalizes a deal with private equity firm Red Diamond Capital.
- What to Expect From the Nutrition Industry's Ingredient Supply Segment in 2009
Nutrition Business Journal (NBJ) will host its annual Raw Material & Ingredient Supply Web Seminar on January 14, 2009, from 11:00 a.m. to 12:30 p.m. Mountain time. NBJ’s editorial and research team, along with industry expert Thomas Aarts, will present a strategic analysis and review of the U.S. nutritional raw material & ingredient supply industry and offer insights into how supply companies are managing the current economic downturn, regulatory changes and other challenges.
- What to Expect From the Nutrition Industry's Ingredient Supply Segment in 2009
Nutrition Business Journal (NBJ) will host its annual Raw Material & Ingredient Supply Web Seminar on January 14, 2009, from 11:00 a.m. to 12:30 p.m. Mountain time. NBJ’s editorial and research team, along with industry expert Thomas Aarts, will present a strategic analysis and review of the U.S. nutritional raw material & ingredient supply industry and offer insights into how supply companies are managing the current economic downturn, regulatory changes and other challenges.
- Mediterranean Delights Introduces a New Line of "Hummus To Go" Snack Packs
Mediterranean Delights has announced the launch of their new "Hummus To Go" snack pack.
- Mediterranean Delights Introduces a New Line of "Hummus To Go" Snack Packs
Mediterranean Delights has announced the launch of their new "Hummus To Go" snack pack.
- Mediterranean Delights Introduces a New Line of "Hummus To Go" Snack Packs
Mediterranean Delights has announced the launch of their new "Hummus To Go" snack pack.
- Mediterranean Delights Introduces a New Line of "Hummus To Go" Snack Packs
Mediterranean Delights has announced the launch of their new "Hummus To Go" snack pack.
- Mediterranean Delights Introduces a New Line of "Hummus To Go" Snack Packs
Mediterranean Delights has announced the launch of their new "Hummus To Go" snack pack.
- Mediterranean Delights Introduces a New Line of "Hummus To Go" Snack Packs
Mediterranean Delights has announced the launch of their new "Hummus To Go" snack pack.
- Carlson Laboratories Annual Heart Month End-Cap Contest is Almost Here
- Carlson Laboratories Annual Heart Month End-Cap Contest is Almost Here
- Carlson Laboratories Annual Heart Month End-Cap Contest is Almost Here
- Carlson Laboratories Annual Heart Month End-Cap Contest is Almost Here
- Carlson Laboratories Annual Heart Month End-Cap Contest is Almost Here
- Carlson Laboratories Annual Heart Month End-Cap Contest is Almost Here
- Carlson Laboratories Annual Heart Month End-Cap Contest is Almost Here
- SourceOne Global Partners Files Federal Lawsuit Against KGK Synergize
- SourceOne Global Partners Files Federal Lawsuit Against KGK Synergize
- SourceOne Global Partners Files Federal Lawsuit Against KGK Synergize
- SourceOne Files Suit Against KGK Synergize
- SourceOne Files Suit Against KGK Synergize
- SourceOne Files Suit Against KGK Synergize
- Navitas Naturals Introduces Organic Sweet Cacao Nibs
Navitas Naturals has announced the release of their new Sweet Cacao Nibs. They can be eaten as a treat right out of the bag or they can add bold flavor and crunchy texture to a wide variety of recipes.
- Navitas Naturals Introduces Organic Sweet Cacao Nibs
Navitas Naturals has announced the release of their new Sweet Cacao Nibs. They can be eaten as a treat right out of the bag or they can add bold flavor and crunchy texture to a wide variety of recipes.
- Navitas Naturals Introduces Organic Sweet Cacao Nibs
Navitas Naturals has announced the release of their new Sweet Cacao Nibs. They can be eaten as a treat right out of the bag or they can add bold flavor and crunchy texture to a wide variety of recipes.
- Navitas Naturals Introduces Organic Sweet Cacao Nibs
Navitas Naturals has announced the release of their new Sweet Cacao Nibs. They can be eaten as a treat right out of the bag or they can add bold flavor and crunchy texture to a wide variety of recipes.
- Navitas Naturals Introduces Organic Sweet Cacao Nibs
Navitas Naturals has announced the release of their new Sweet Cacao Nibs. They can be eaten as a treat right out of the bag or they can add bold flavor and crunchy texture to a wide variety of recipes.
- Navitas Naturals Introduces Organic Sweet Cacao Nibs
Navitas Naturals has announced the release of their new Sweet Cacao Nibs. They can be eaten as a treat right out of the bag or they can add bold flavor and crunchy texture to a wide variety of recipes.
- Navitas Naturals Introduces Organic Sweet Cacao Nibs
Navitas Naturals has announced the release of their new Sweet Cacao Nibs. They can be eaten as a treat right out of the bag or they can add bold flavor and crunchy texture to a wide variety of recipes.
- Navitas Naturals Introduces Organic Sweet Cacao Nibs
Navitas Naturals has announced the release of their new Sweet Cacao Nibs. They can be eaten as a treat right out of the bag or they can add bold flavor and crunchy texture to a wide variety of recipes.
- Navitas Naturals Introduces Organic Sweet Cacao Nibs
Navitas Naturals has announced the release of their new Sweet Cacao Nibs. They can be eaten as a treat right out of the bag or they can add bold flavor and crunchy texture to a wide variety of recipes.
- Natural Alternatives International, Inc. Announces Change in Executive Officer and Loan Modification and Extension
Natural Alternatives International, Inc., has announced that effective December 31, 2008 its former President, Randell Weaver's employment with NAI ended. NAI also announced it completed certain amendments to its credit facility with Wells Fargo Bank. Among other changes the amendments extend the maturity date for the working capital line of credit from November 1, 2009 to November 1, 2010, while maintaining the current $7.5 million limit on the line of credit.
- Natural Alternatives International, Inc. Announces Change in Executive Officer and Loan Modification and Extension
Natural Alternatives International, Inc., has announced that effective December 31, 2008 its former President, Randell Weaver's employment with NAI ended. NAI also announced it completed certain amendments to its credit facility with Wells Fargo Bank. Among other changes the amendments extend the maturity date for the working capital line of credit from November 1, 2009 to November 1, 2010, while maintaining the current $7.5 million limit on the line of credit.
- Natural Alternatives International, Inc. Announces Change in Executive Officer and Loan Modification and Extension
Natural Alternatives International, Inc., has announced that effective December 31, 2008 its former President, Randell Weaver's employment with NAI ended. NAI also announced it completed certain amendments to its credit facility with Wells Fargo Bank. Among other changes the amendments extend the maturity date for the working capital line of credit from November 1, 2009 to November 1, 2010, while maintaining the current $7.5 million limit on the line of credit.
- Natural Alternatives International, Inc. Announces Change in Executive Officer and Loan Modification and Extension
Natural Alternatives International, Inc., has announced that effective December 31, 2008 its former President, Randell Weaver's employment with NAI ended. NAI also announced it completed certain amendments to its credit facility with Wells Fargo Bank. Among other changes the amendments extend the maturity date for the working capital line of credit from November 1, 2009 to November 1, 2010, while maintaining the current $7.5 million limit on the line of credit.
- Natural Alternatives International, Inc. Announces Change in Executive Officer and Loan Modification and Extension
Natural Alternatives International, Inc., has announced that effective December 31, 2008 its former President, Randell Weaver's employment with NAI ended. NAI also announced it completed certain amendments to its credit facility with Wells Fargo Bank. Among other changes the amendments extend the maturity date for the working capital line of credit from November 1, 2009 to November 1, 2010, while maintaining the current $7.5 million limit on the line of credit.
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Strong expansion of UK business. Acquisition supports growth strategy
Symrise GmbH & Co. KG in Holzminden, Germany, is one of the world's leading manufacturers of flavors and fragrances. The company is now continuing to expand its international business activities in the field of flavors. As of 31st of March 2005, Symrise will acquire the British flavor manufacturer Flavours Direct in Corby, England.
With the acquisition of Flavours Direct, Symrise is strengthening its position in Great Britain and Ireland making the company one of the foremost suppliers of savory flavors in Great Britain, the largest market for snacks and savory convenience foods in Europe. Currently growing at a rate of over four percent, these products are also experiencing higher than average growth rates in the regions of Europe/Africa/Middle East (EAME), Asia Pacific and South America. Flavours Direct will link Symrise even more closely with the key markets in the EAME region and clients there. To date, Symrise has been represented in the UK by its subsidiary in Marlow.
"The Flavours Direct acquisition supports our global strategy by building on our core competencies in the UK market. This company has been well run and will prove to be a real asset for Symrise," said Andrei Mikhalevsky, Global President of Flavors at Symrise. The acquisition consolidates Symrise's position as the third-largest provider of innovative flavors worldwide.
Founded in 1998, Flavours Direct currently has 38 employees and will continue to trade under its current name as a UK subsidiary of Symrise. In 2004, it yielded annual sales of around 10 million euros.
"We are all very excited about the venture", said Steve Redfearn, Managing Director Flavours Direct. "We believe that this acquisition will bring important benefits to Flavours Direct, coupling our expertise in flavor design and unrivalled customer service with Symrise's technology."
Flavours Direct in Corby works with modern and efficient blending and production facilities. As part of the European Symrise production network, it will be able to respond flexibly to the needs of a dynamic market. "The team at Flavours Direct has outstanding expertise in the field of flavor design and application", states Heiner Schaper, president of EAME flavors. "The close contacts the company has to its clients will help Symrise consolidate its standing with the major players in the UK's food industry. We will be able to benefit from our growth potential in a consistent manner so that we continue to expand our market leadership in Europe."
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