Barfresh Expands Annual Production Capacity by Additional 50 million Units with New Third Party Location with Ability for Further Future Expansion

Core Insights - The company has recently expanded its manufacturing capacity to over 120 million units annually by adding three new third-party locations, which is aimed at meeting current demand and positioning for future growth [1][6][7] - The new manufacturing location will focus on producing the innovative Pop & Go™ freeze pops, which are expected to have significant potential in the education channel [1][6] - This strategic initiative to diversify the manufacturing footprint is designed to enhance operational resilience and scalability while reducing reliance on any single location [1][6] Company Overview - Barfresh Food Group Inc. specializes in developing, manufacturing, and distributing ready-to-blend and ready-to-drink beverages, including smoothies, shakes, and frappes, primarily targeting the education market, foodservice industry, and restaurant chains [7] - The company utilizes a proprietary system for its single-serving products, which allows for quick, cost-efficient, and waste-free preparation of frozen beverages [7] Strategic Initiatives - The addition of new manufacturing partners is part of a broader strategy to build a robust foundation for revenue expansion, focusing on increasing customer acquisition and extending the product portfolio [7] - The company aims to meet growing demand in key sales channels, particularly in education, while also expanding into other foodservice and retail channels [7]