Article: Nutra-Park Inc. Secures $16 Million Third Round Funding.

Business Editors

Nutra-Park Inc. announced that it has received a total of $16 million in third round funding during the second quarter 2002. Nutra-Park received funding 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, Korea.

Larry Kline, chief financial officer of Nutra-Park, expects the capital will be used to further develop the company's technology, as well as research activities, field testing development and to assist in the ...

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