YoCream International, Inc. Obtains Adjacent Warehouse and Property Increasing Operating Facilities by 67%
PORTLAND, Ore., Nov. 18, 2003 /PRNewswire-FirstCall/ -- YoCream International,
Inc. announced today that it has obtained property adjacent to
its manufacturing plant in Portland, Oregon increasing its operating
facilities by 67%. The property will initially be utilized as additional
warehouse space.
"This new space is already allowing us valuable flexibility and increased
capacity," stated Terry Oftedal, Director of Supply Chain Operations.
"Warehouse area in Building 2 enables us to meet expected demand for inventory
of YoCream Smoothie shelf stable products, now being produced by the Company's
new aseptic production line," continued Oftedal. "By moving raw materials and
packaging to Building 2, we substantially reduce offsite storage and freight
expenses, offsetting the costs of the new space."
The expansion of YoCream International's plant capacity facilitates the
Company's goal to be one of the dominant suppliers of frozen desserts and
beverages to the U.S. foodservice marketplace. The layout of the buildings and
properties provide cost effective expansion opportunities.
YoCream International, Inc., with corporate headquarters and manufacturing
facility in Portland, OR, is a pioneer and leading producer of frozen yogurt.
Founded in 1977, YoCream(R) produces, markets and sells frozen yogurt, ice
cream, frozen custard, soy desserts, and smoothies to an established and
expanding global marketplace. With a proven history of producing the highest
quality product and providing solution-based customer service, YoCream
International is an industry leader poised for long-term growth.
CONTACT: Terry Lusetti of YoCream International, Inc., +1-503-256-3754,
or terryl@yocream.com.
SOURCE YOCREAM International, Inc.
Web Site: http://www.yocream.com
For more information, contact Terry Lusetti, YoCream Investor Relations, 503-256-3754