Yowie Group Limited
(ASX:YOW) has announced that the company has significantly expanded its contracted manufacturing capacity in the USA by entering into a long term manufacturing agreement with Madelaine Chocolate Company.
The agreement will allow Yowie access to high speed and high volume manufacturing of the Yowie chocolate product.
The company says these production and capacity characteristics allow Yowie the opportunity to expand its US rollout and plan for global expansion opportunities.
The Yowie board is confident the decision to put in place new manufacturing arrangements will not impact the company’s North American market opportunity.
Yowie reported a net loss of $3.49 million at 30 June 2015.
