IDGlobal Corp (OTCMKTS:IDGC) Expands Product Line
IDGlobal Corp (OTCMKTS:IDGC) has been expanding its subsidiary unit RPC’s production lines to add Motor Oil and Antifreeze in Dolton. The facility presently houses 4 separate production lines, together with 2 blending areas for both powder and liquid.
RPC’s Co-packing model collects co-pack costs on average of $12,500 a week. This product expansion with existing purchase orders of multiple products will enhance firm’s revenue by additional $50,000 a month to begin. Anticipated annualized revenue is reported at $1.2 million for RPC.
As of now, the main thing to note is that at RPC what is majorly done is blending and filling liquid as well as powder products. This is closed with best precision. The process utilizes updated, accurate filing and blending setup accompanied with extensive experience. There exists all equipped laboratory which is used for lab testing on site, keeping a track of batch and with accurate records detail, everything is packaged with honor.
IDGlobal posted that Randall Packing Company is a well-advanced and fully equipped entity that provides with many services and offerings. Its offerings begin with manufacturing and packing done on bulk, and moves to range of powder and liquid household goods. Then it provides packing meant for a number of sizes. Also, there is process blending powder concentrate and liquid.
It can be stated as a contract packer, or also co-packer, which implies it is a firm that manufactures and packages goods on behalf of their clients. To commercialize and supply, a co-packer operates under agreement with the hiring entity to manufacture as though the goods were manufactured directly by the respective hiring company. As of now, the firm is into the co-packing business for Trader Joe’s and Earth-Friendly Products. It also provides its services to host of other lines comprising its patented Star Supreme Powder and also Liquid Detergent.© Copyright 2016 OTC News Magazine. All rights reserved.