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Article: NUTRA-PARK RAISES ANOTHER $16 MILLION.(BUSINESS)(MARKET MEMO)
- Article from:
- The Capital Times
- Article date:
- July 2, 2002
CopyrightCOPYRIGHT 2002 Capital Newspapers. 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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MIDDLETON -- NUTRA-PARK INC. ANNOUNCED THAT IT RECEIVED A TOTAL OF $16 MILLION IN FUNDING DURING THE SECOND QUARTER OF THE YEAR.
Nutra-Park recently received approval from the U.S. Environmental Protection Agency to sell LPE, a naturally derived phospholipid that enhances ripening and extends the shelf life of fruits, vegetables and cut flowers.
In what was its third round of funding, Nutra-Park received capital from Unicorn (China) Ltd., Hong Kong, China; Dong Ah Tire & Rubber, Kyongsangnam, Korea; and Doosan Heavy Industries and Construction Co. Ltd., Doosan Construction and Engineering Co., Ltd. and Samhwa Crown and Closure Co. Ltd., all of Seoul, ...