WENLING, China and ALLENTOWN, Pa., March 24, 2020 /PRNewswire/ — Fuling Global Inc. (NASDAQ: FORK) (“Fuling Global” or the “Company”), a manufacturer and distributor of environmentally friendly plastic and paper foodservice disposable products, today announced that production at its three manufacturing facilities in China have resumed to 100% capacity.
“After a harrowing period, all of our employees in China are now back to work again, and our manufacturing lines are fully up and running, 24/7,” said Xinfu Hu, CEO of Fuling Global Inc. “We began chartering flights and buses to return non-local employees since early February, and are happy to report that we have cautiously, steadily and successfully ramped up since, with production back in full force to ensure that our customers’ purchase orders can be fulfilled.
“All of our facilities throughout the globe have implemented additional safety measures to prevent contamination from COVID-19. We will continue to closely monitor the situation to ensure we are taking every precaution and all appropriate steps to maintain a safe and healthy environment for our workforce,” Mr. Hu added.
Fuling Global last month announced the opening of its newest manufacturing plant in Indonesia, where it has begun production of straws. The Company expects to install additional production lines in Indonesia later this year.
About Fuling Global Inc.
Fuling Global manufactures and distributes environmentally-friendly disposable serviceware for the foodservice industry from six precision manufacturing facilities in the U.S., Mexico, Indonesia and China. The Company’s plastic and paper serviceware products include disposable cutlery, drinking straws, cups, plates and other plastic and paper products and are used by more than one hundred customers, including some of the world’s most notable quick-service restaurants and retailers, primarily in the U.S. and European countries. More information about the Company can be found at: http://ir.fulingglobal.com/.
This press release contains information about Fuling Global’s view of its future expectations, plans and prospects that constitute forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Actual results, including, but not limited to, installing additional production lines in Indonesia later this year, may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of software and services, marketing and other business development initiatives, competition in the industry, plastic and oil pricing, general government regulation, economic conditions, the effect of novel coronavirus and other health matters on target markets, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Fuling Global encourages you to review other factors that may affect its future results in Fuling Global’s annual report and in its other filings with the Securities and Exchange Commission. Fuling Global disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Source: Fuling Global Inc.