Aloecorp To Expand In China
Aloecorp, Broomfield, CO, has negotiated for the leasing of 35 acres of land in the Sanya region of Hainan Island in the People’s Republic of China. The company is also negotiating to lease an additional 540 acres in the same region of land that will be used to house an aloe plantation and a new aloe processing facility. With the addition of its new land in China, along with its recent acquisition of land in Mexico, Aloe­corp’s annual harvest will increase to more than 11 million aloe plants.