The shares soared to $ 2.70 in mid-November — despite the company recording modest sales revenue — largely on the strength of the potential in China and a small stake in a Melbourne infant formula
packaging facility acquired by a large Hong Kong - based consortium.
Not exact matches
The location had been reimagined as a beverage
packaging plant in 2011 when the company consolidated sauce manufacturing into the Rochester
facility and
acquired Zieglers.
The warehouse addition is adjacent to a newly
acquired 38,000 square foot
packaging facility.