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Stock impact report

BranchOut Food Inc. Secures Fourth EnWave Dehydration Machine for New Peru Factory with $40M Production Capacity

BranchOut Food Inc. (BOF) 
Company Research Source: GlobeNewswire
BEND, Ore., June 17, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced it has signed a purchase agreement for a 10kW Radiant Energy Vacuum (REV) machine, built by EnWave Corporation (TSX-V: ENW | FSE: E4U). The machine will be installed at BranchOut Food’s new, large-scale facility in Peru and will be used for R&D, rapid product development and production scale-up in response to new product requests from major retailers and large brands. Eric Healy, CEO of BranchOut Food, said: “BranchOut Food receives frequent requests to develop and iterate new product concepts for major retailers and brands. Part of our strategy for growth involves being able to respond expeditiously, utilizing our technology to develop new and unique products that have never been available before. We believe this gives us a strong advantage in the market and allows us to fully take advant Show less Read more
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