Barfresh Dramatically Expands its Production Capacity by Adding Two New Third Party Locations

Core Insights - Barfresh Food Group Inc. has announced the addition of two new co-manufacturing locations, which will more than double its overall capacity, including an additional 25 million bottling capacity for its Twist & Go products [5][7] - The company is strategically positioned to increase sales significantly due to new management hires, customer acquisitions, and an appealing product portfolio aimed at the education market and foodservice industry [1][7] - The accelerated pace of new customer acquisitions is expected to lead to record revenue performance and expanded profit margins in fiscal year 2024 and beyond [1][5] Company Overview - Barfresh Food Group Inc. specializes in the development, manufacturing, and distribution of ready-to-blend and ready-to-drink beverages, primarily targeting the education market and foodservice industry [7] - The company offers products in various formats, including single-serve pouches and bulk formats for on-site preparation, utilizing a proprietary system for portion-controlled beverage ingredients [7] Capacity Expansion - The new co-manufacturing locations are strategically located in the Mid-West and East Coast to enhance service to a rapidly expanding client base across all channels [5] - The overall annual unit capacity of the company will be more than doubled with the addition of these new facilities [5][7]