This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Tritent Int’l Agriculture (UNMK) Announces The Construction Of Its Infant Formula Plant

Tritent Int’l Agriculture, Inc., a Pennsylvania company registered to conduct business in the States of Iowa and Illinois, announced the initiation of construction of its infant formula plant in Cascade, Iowa.

“August 30, 2012 marks an important milestone for Tritent’s corporate development. Together with the research of business model, creation of the business plan, site selection and funding raising, it has taken close to a year to come to this groundbreaking point,” Nathaniel Hsieh, President of the Company stated.

According to Mr. Hsieh, the company targets its completion of the plant by May 2013. Once completed and fully certified, it will become the 5 th infant formula plant in the United States. The company has reached tentative agreement for the supply of its fresh milk from Swiss Valley, a Midwest dairy co-op, and is setting up distribution network in China as its main targeted market.

“We selected Cascade, Iowa for our plant site because it lies at the center of the Midwest dairy country and its food supply and processing industries,” Hsieh further stated. The company has just completed its acquisition of a ten-acre land at the Cascade Industrial Park. Construction of a 20,000 SF plant is now underway with 100 ton daily milk processing capacity. Hsieh explained that this planned capacity will only satisfy up to 3% of China’s growing need for quality infant formula products.

When inquired about its source of funding, Hsieh stated that investor immigration at the present time is the company’s main funding source. “The recent approval of our investor immigration petition by the United States Immigration and Naturalization Service is a complete validation of our company’s business and model in investing in and creating jobs for rural America.” According to Hsieh, also a practicing attorney in immigration law, the current U.S. immigration laws permit anyone with immediate family for immigration, provided a minimum $500,000 is invested in a rural area and 10 full-time local jobs created.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
SYM TRADE IT LAST %CHG
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%

Markets

Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs