08:26 AM EST - Nepra Foods Inc. : Is taking delivery of a specialty equipment line this week that expands the production of their proprietary THP™ (textured hemp protein), which is the basis for their PROPASTA™ line of ready-to-eat frozen meals and meat analogues. This equipment investment further signals the company's commitment to their newly launched CPG (consumer packaged goods) product segment, and opens the door to potential strategic partnerships down the line. The arrival of this equipment is particularly exciting for Nepra since current shipping lead times for large production equipment are at an all-time high due to the global supply chain disruptions. The specialized equipment line, which will be installed in the company's 31,000 square foot manufacturing facility and test kitchen in Colorado, can create a variety of THP™ products that are included in their PROPASTA™ Spaghetti and Meatballs, PROPASTA™ Chicken Chow Mein, and other meat alternatives. Nepra Foods Inc.
shares C.NPRA are trading unchanged at $0.74.
