06.11.18
Nature’s Power Nutraceuticals Corp (NP Nutra) has negotiated a further expansion of its premises, taking over an adjoining building at 15151 S. Figueroa Street in Gardena, CA.
In 2016, the company doubled its warehouse space, expanding from 15171 into 15161 S. Figueroa Street. This new lease means that within two years, NP Nutrawill have tripled its warehouse space, now occupying three adjoining buildings from 15151 – 15171 S. Figueroa Street.
Chief Operating Officer Mark Campbell, who negotiated the lease extension, explained, “Our landlords don’t typically allow tenants to take up such a large percentage of their business parks, but after meeting with NP Nutra recognized the strong fundamentals of our business.”
NP Nutra’s Q1 2018 results were up 40% over the same period last year, demonstrating the company is growing at a fast and steady pace.
“This strong start to the year was a clear indication to us that the company will easily surpass its 2017 growth projection of 22%,” added Mr. Campbell. “We found it necessary to take steps to fully support this growth and consequently, we are in the process of evaluating all our resources and increasing staff.”
NP Nutra’s Director of Sales Eric Guggenheim commented, “Our customers value NP Nutra’s strong commitment to supply nutraceutical products which have been carefully sourced to meet the highest quality standards and comprehensively tested to ensure product consistency and safety. I believe that Triple-T Verification, our unique supply chain validation program which traces ingredients back to their origin and follows them through testing and processing to the final phase of customer delivery, has been instrumental in building customer confidence and trust.”
In 2016, the company doubled its warehouse space, expanding from 15171 into 15161 S. Figueroa Street. This new lease means that within two years, NP Nutrawill have tripled its warehouse space, now occupying three adjoining buildings from 15151 – 15171 S. Figueroa Street.
Chief Operating Officer Mark Campbell, who negotiated the lease extension, explained, “Our landlords don’t typically allow tenants to take up such a large percentage of their business parks, but after meeting with NP Nutra recognized the strong fundamentals of our business.”
NP Nutra’s Q1 2018 results were up 40% over the same period last year, demonstrating the company is growing at a fast and steady pace.
“This strong start to the year was a clear indication to us that the company will easily surpass its 2017 growth projection of 22%,” added Mr. Campbell. “We found it necessary to take steps to fully support this growth and consequently, we are in the process of evaluating all our resources and increasing staff.”
NP Nutra’s Director of Sales Eric Guggenheim commented, “Our customers value NP Nutra’s strong commitment to supply nutraceutical products which have been carefully sourced to meet the highest quality standards and comprehensively tested to ensure product consistency and safety. I believe that Triple-T Verification, our unique supply chain validation program which traces ingredients back to their origin and follows them through testing and processing to the final phase of customer delivery, has been instrumental in building customer confidence and trust.”
