Himalya International receives order for Mini Potato Skins

Himalya International Ltd has announced that the Company has received a major order for its Mini Potato Skins from one of the largest North American Potato Processor. The order has been finalized after approval of the Company's facility by AIB auditors from UK. The product shall be packed in food service packs and shall be marketed through Food Service giants like Sysco. The three year plan finalized by the US partner Company for these niche potato products shall boost the Company's Top line by $ 7 million by 2010. The Company is finalizing expansion of its Potato Processing facility to cater to this new multi-million $ opportunity. Additional world class processing & freezing facility and housing of 400 or more workers is planned to meet this demand. In order to augment the additional supply of the potatoes the Company shall bring in 800 acres of additional land under contract farming program of specialty potatoes.

Source : Equity Bulls

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