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To spend $40 million on manufacturing site
July 31, 2014
By: TOM BRANNA
Editor
For one day, at least, Herbalife can focus on business and not Bill Ackman. Today, the company, announced plans to expand its manufacturing capabilities in China, as it looks to increase its capacity in line with anticipated growth in this strategically important market. This would add to Herbalife’s existing manufacturing facilities in Suzhou, and its botanical extraction plant in Changsha. Herbalife has identified an existing, newly built facility in Jiangning High-tech Industry Park (JHIP)...
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