
FSI ANNOUNCES THE SALE OF THE COMPANY's MENDOTA PLANT
The Company has sold its main plant in Mendota, IL while retaining a long-term lease at the site for FSI's ENP division. The small profit or small loss from this action will be accounted for in Q4.
Dan O'Brien, CEO, comments,“The Mendota plant was purchased in order to situate all of our ENP division in a single plant and to free up space in our Peru, IL plant for expansion of our food grade division. This transaction retains both those benefits while also reducing debt and freeing executive time to focus on growth.”
About Flexible Solutions International
Flexible Solutions International, Inc. ( ), based in Taber, Alberta, is an environmental technology company. The Company's NanoChem Solutions Inc. subsidiary specializes in biodegradable, water-soluble products utilizing thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from the common biological amino acid, L-aspartic and have wide usage including scale inhibitors, detergent ingredients, water treatment and crop enhancement. Along with TPA, this division started producing other crop enhancement products as well. In 2022, the Company entered the food and nutrition markets by obtaining FDA food grade approval for the Peru IL plant. The other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world
Safe Harbor Provision
The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward looking statement with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
Flexible Solutions International
6001 54 th Ave, Taber, Alberta, CANADA T1G 1X4
Company Contact
Jason Bloom
Toll Free: 800.661.3560
Fax: ...
To find out more information about Flexible Solutions and our products please visit
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