Naturally Splendid Enterprises (Naturally Splendid, NSE), via its wholly owned subsidiary Prosnack Natural Foods (Prosnack), has secured a five-year bar and snack manufacturing contract worth up to C$5m ($3.8m) from an undisclosed food company.

NSE recently acquired a new bar / snack manufacturing machine, which has led to a two-fold increase in the company’s production capacity and further improved the quality of its bars and snacks.

The company is also planning to add a second shift to its production schedule in order to address increased production requirements.

"Increasing our production capacity and product innovation capabilities was an important objective; this now gives NSE the flexibility to approach new customers and significantly add to our service offerings."

In addition to boosting manufacturing capacity, the integration of new bar / snack equipment at NSE’s facility is noted to have extended the company’s product formulation capabilities for house brands.

Naturally Splendid CEO Douglas Mason said: “Securing this new manufacturing contract will provide NSE with needed revenue and access to new markets.

“Increasing our production capacity and product innovation capabilities was an important objective; this now gives NSE the flexibility to approach new customers and significantly add to our service offerings.

“We see private labelling and co-manufacturing as enormous opportunities for added revenue, we are currently in advanced discussions with other companies seeking similar manufacturing requirements.”

The company’s new equipment is able to produce a variety of different products for the food manufacturing industry, including various sized spheres and bars that can be coated with different flavours and ingredients.

Naturally Splendid sales and marketing executive vice-president Alan Maddox said: “After successfully completing the transition of Prosnack to the NSE facility in April 2018, one of our focuses was to increase production capacity to be able to meet the demand for larger clients’ requirements.

“Acquiring this new machinery has supported us in this objective.

“The production interruption Prosnack experienced with the transition to the NSE facility near the end of Q4 2017 and in Q1 2018 is now behind us, and we are actively seeking more commitments from previous and new clients.”