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Stock impact report

Natural Alternatives International Scheduled to Reopen U.S. Manufacturing Facility in California to Support Increased Production Needs

Natural Alternatives International, Inc. (NAII) 
US:NASDAQ Investor Relations: nai-online.com/investor_relations.php
Company Research Source: GlobeNewswire
CARLSBAD, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Natural Alternatives International, Inc. (“NAI”) (Nasdaq: NAII) today announced the expected May 2024 reopening of its state-of-the-art high-volume powder blending and packaging facility located in Carlsbad, CA, following a 7-month closure. NAI temporarily closed the facility in October 2023 due to a significant reduction in customer orders. NAI purchased the Carlsbad facility in August 2021 and spent 21 months retrofitting the space with a heavy focus on efficient high-volume powder production and gusseted bag packaging. The facility includes two 400 cubic foot fluidizing paddle blenders, two high-speed rotary packaging lines, gravity flow pallet racking systems and provides 67,453 square feet of conditioned manufacturing and warehouse space for raw material and finished product storage. Reactivating the facility will require employee recruitment of approximately 60 people. “Restarting our facility is a direct result of our gro Show less Read more
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