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GFI ANNOUNCES OPENING OF FIRST US DISTRIBUTION CENTRE

TORONTO- Global Food and Ingredients Ltd. ( TSXV: PEAS) ("GFI" or the "Company"), announced today the opening of its first distribution centre in the US, located in Clayton, North Carolina, near Raleigh.  The distribution centre will provide truckload and less-than-truckload wholesale ingredients distribution while also acting as a fulfillment centre for GFI's plant-based branded consumer products portfolio.  The distribution centre is approximately 17,500 square feet in area and will also house future processing lines to complement its fulfillment functions. In addition, GFI's North Carolina sales office will be moved to the new Clayton location to further optimize operations.

"The new Clayton distribution centre will enable GFI to save on external distribution expenses while also increasing efficiency and quality control for both our wholesale and consumer segments.  This is the first of several distribution centers that GFI intends to roll out across North America over the next few years" said David Hanna, GFI's CEO. 

"This is an ideal location to begin our inhouse distribution operations, with more than half of the US population within a day's shipment time" added Jaime Rueda, Vice President and President, North Lily Foods.

GFI has been operating in North Carolina since April 2020 where it established its US headquarters under the name North Lily Foods, Inc.

Source : Newswire.ca

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