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/.
Forward-Looking Statements
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.
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SOURCE Fuling Global Inc.
