Business
IDGLOBAL CORP. Expands Product Line to Include Motor Oil and Antifreeze
IDGLOBAL CORP. Expands Product Line to Include Motor Oil and Antifreeze.
About this update from Idglobal Corp.
[{"type":"text","content":"\n\n BRIGHTON, Colo., Feb. 22, 2017 (GLOBE NEWSWIRE) -- IDGlobal Corp. (OTC:IDGC) is pleased to announce expanding the wholly-owned subsidiary RPC’s production lines to include Motor Oil and Antifreeze in Dolton, IL. The 40,000 square-foot facility currently houses four separate production lines, along with two blending areas for both liquid and powder. RPC’s Co-packing model currently collects co-pack fees on average of $12,500 per week. This expansion with current Purchase Orders for Oil and Antifreeze of multiple products will increase company revenue an additional $50,000 per month to start. Projected Annualized Revenue is $1.2 million per year for RPC.\n About IDGlobal Corp. ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities Worldwide. IDGC seeks, through debt and equity investments, controlling interests, joint ventures and licensing agreements with established companies within the Medical Marijuana, Mining, and Water Purification and Packaging Industries. About RPC Here at RPC we blend and fill liquid and powder products with complete precision. We use accurate, updated blending and filling machines with knowledgeable experience behind all our products! With a laboratory for lab testing on site, monitoring batch and accurate records detail, we package everything with honor! Randall Packing Company is fully equipped to offer you the following and much more: Bulk manufacturing and packingLiquid and powder household productsPacking for a wide variety of sizesProcess blending powder and liquid A contract packer, or co-packer, is a company that manufactures and packages products for their clients. To market and distribute, a co-packer works under contract with the hiring company to manufacture as though the products were manufactured directly by the hiring company. Currently, the company co-packs for Trader Joe’s, Earth-Friendly Products, and a host of other lines including its proprietary Star Supreme Powder and Liquid Detergent. Forward-Looking Statements This press release contains statements which may constitute \"forward-looking statements\" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include stat...