New York, April 10, 2024 - PRISM MarketView - While many consumer names across all market caps have struggled, the PRISM Consumer Products Index company, Natural Alternatives International Inc. (NAII) has been one of the few who has recently reported positive news that investors have reacted favorably. The company announced it will be reopening its US manufacturing facility in California, due to an increase in production needs. The facility, which is used for powder blending and packaging, closed in October 2023, due to a dramatic decrease in customer orders. However, as the company’s capacity needs have grown, the facility will resume operations that will require additional hiring of an estimated 60 employees, boosting production for consumers as well as the local California workforce.
Natural Alternatives International Scheduled to Reopen U.S. Manufacturing Facility in California to Support Increased Production Needs
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 he
Read More
Natural Alternatives International (NAI) is a leading provider of customized nutritional supplements, leveraging science-backed formulations to promote health and wellness. With a commitment to quality and innovation, NAI specializes in developing and manufacturing premium-grade dietary supplements for a diverse range of clients, including nutritional product companies, retailers, and healthcare professionals.
About PRISM MarketView:
Established in 2020, PRISM MarketView is dedicated to the monitoring and analysis of small cap stocks in burgeoning sectors. We deliver up-to-the-minute financial market news, provide comprehensive investor tools and foster a dynamic investor community. Central to our offerings are proprietary indexes that observe emerging sectors, including biotech, clean energy, next-generation tech, medical devices and beyond. Visit us at prismmarketview.com and follow us on Twitter.
Disclaimer:
PRISM MarketView is not a registered or licensed broker-dealer or investment adviser and does not offer investment advice. The information provided in this communication is not intended to constitute an offer to sell, a solicitation of an offer to buy, or a recommendation for any security.
Contact:
Prism MarketView | Stock Market News & Investment Opportunities
PRISM MarketView - Social Media (X)