CHESTERFIELD, Mo., March 25 /PRNewswire-FirstCall/ -- Reliv International,
Inc. (Nasdaq: RELV), an international manufacturer and network marketer of
nutritional supplements and other food technology products, announced that its
Board of Directors has approved a $l million investment to upgrade the
company's manufacturing plant. The project will significantly increase the
plant's production capacity -- helping Reliv to meet strong and growing demand
for its products.
The upgrade project includes new high-speed rotary filler, which is
expected to increase the facility's throughput by two fold. In addition, Reliv
will install a variety of automated packaging equipment -- such as a case
erector, a case packer and a palletizer.
"From 2002 to 2003, our production volumes increased by more than
45 percent," noted David Barnes, Vice President of Technical Affairs &
Manufacturing Operations. "By increasing our throughput, this new equipment
will allow us to continue to meet customer demand for our products for the
foreseeable future. It will also enhance our already-stringent quality control
capabilities."
Reliv expects to install the new equipment in July 2004, Barnes said.
Reliv distributors and customers should not be affected by the change-over, he
noted, because the company will continue to fill orders from its warehouse
inventory during the installation and ramp-up period.
Reliv International, Inc., based in suburban St. Louis, manufactures and
distributes several lines of food products, including nutritional and fiber
supplements, diet management products, functional foods and sports drink
mixes. Its proprietary product lines include an extensive line of soy-based
products. Reliv International's common stock trades on The Nasdaq Stock
Market(R) under the symbol RELV.
NOTE: Any statement released by Reliv International, Inc. that is forward
looking is made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Editors and investors are cautioned
that forward-looking statements involve risk and uncertainties that may affect
the Company's business prospect and performance. This includes economic,
competitive, governmental, technological and other factors discussed in the
Company's filings with the SEC on forms 10-K and 10-Q.
SOURCE Reliv International, Inc.
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Company News On-Call:
http://www.prnewswire.com/comp/103123.html
CONTACT:
David G. Kreher, Senior Vice President,
+1-636-537-9715, or Fred A. Nielson, Investor Relations,
+1-636-733-1314, both of Reliv International, Inc.
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