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Nutrition Capital Network news: Herbalife Closes Acquisition of U.S. Manufacturing Facility

Nutrition Capital Network news: Herbalife Closes Acquisition of U.S. Manufacturing Facility

Herbalife Ltd. (Los Angeles), a nutrition, weight-management and personal care products company, has completed the purchase of a manufacturing facility in Winston-Salem, N.C., in line with the company’s strategy to increase self-manufacturing for its top products. Over the next two years, Herbalife said it expects to invest in excess of $100 million on machinery and technology, as well as a complete retrofitting of the facility to ensure full compliance with U.S. good manufacturing practices (cGMPs) for dietary supplements and food products. Herbalife products are sold through independent distributors in more than 80 countries.

Disclaimer: NCN does not warrant the accuracy, reliability, or timeliness of any NCN news item. Before relying on any NCN News item the information should be independently verified.

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