good natured Products inks multi-year agreement with large U.S. food producer

In Canada, good natured Products, a specialist in plant-based products, announced it has formally signed a multi-year commercial contract with a large U.S. food producer.

The Canadian firm noted that the contract outlines a three-year agreement under which good natured will supply the customer with multiple packaging designs using Bio-PET-based material and recycled content being produced at the company’s in-house manufacturing facilities in Ontario and Illinois.

The company anticipates revenue of approximately $13 million in the first year based on the terms of the agreement.

“We’re extremely excited to announce the signing of the largest organic commercial agreement to date at the company and have been actively engaged with shipping significant volumes of product to this client since the initial announcement was made,” said Paul Antoniadis, CEO of good natured.

More on the story.