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SkyPeople Fruit Juice Announces Groundbreaking of Yidu Orange Project

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SkyPeople Fruit Juice, Inc. (NASDAQ: SPU) announced that on November 23, 2015, a groundbreaking ceremony took place for the Yidu orange project in Yidu City, Hubei Province with Government representatives and SkyPeople Chairman and Chief Executive Officer Yongke Xue in attendance.

"We are excited to break ground on what is planned to be a state-of-the art operation for the comprehensive processing of oranges," said SkyPeople Chairman and CEO Yongke Xue. "The manufacturing facilities will incorporate advanced international processing technology which will create value-added in the production of a wide range of high margin orange products."

"Upon completion in 2017, the new facilities will become another major production base for SkyPeople in addition to those that the company currently has in Northeast China and Shaanxi Province. We are pleased to partner with the Yidu municipal government in this opportunity to create exceptional products for both domestic and international distribution as well as to further bolster the region's strong agricultural industrial zone known for its abundant orange production," concluded CEO Xue.

As previously announced, the total investment in the Yidu

See full press release

Posted-In: News Press Releases

 

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