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Article: Scottsdale Scientific Announces Expansion in the Private Labeling Market: Company Sales from Private Labeling are Expected to Increase 100 Percent Over the Next Two Years.
- Article from:
- Business Wire
- Article date:
- June 30, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--June 30, 1999--
Scottsdale Sci (OTC BB:STDS) Scottsdale Scientific, Inc. (Symbol: STDS), through its wholly owned subsidiary NutriCology, Inc., announced today the expansion of the Company's nutritional supplement private labeling business.
The Company is investing in new state-of-the-art equipment to provide its customers private labeling, custom packaging and custom formulations. According to the Private Label Manufacturing Association (PLMA), private label brands now account for one of every five items sold in U.S. supermarkets, drug chains and mass merchandisers. Privately labeled products represent a $43.3 billion ...