COMPANY NEWS
IMPORTS UNLIMITED SIGNS SOUTH
AMERICAN JOINT VENTURE AGREEMENT
Cedar
City, UT– July 1, 2008 It was announced today that
Imports Unlimited, LLC, a Southwest Utah based
company, has signed a Joint Venture Agreement with
Pulpas y Pulpas de Colombia, SA. Imports
Unlimited has represented fruit pulp and juice
producers for US distribution and completed an
exclusive worldwide representation agreement in
January.
According to Sylvan Malis, President and Chief
Executive Officer of Imports Unlimited, “the Joint
Venture Agreement between Imports Unlimited, LLC
and Dr. Jose G. Barney M., Managing Director of
Pulpas y Pulpas de Colombia, SA, provides for
Imports Unlimited to manage and operate the new
fruit pulp and juice production company.
Both companies will share start-up
responsibilities in the new company.”
Mr. Malis said, “The new
company, Colombia-United States Fruit Products,
LLC (CO-US Fruit Products), will build new
production plants in several South and Central
American countries. The company will have
primary plant operations in Belize and Colombia.”
DALK, a private agency licensed
by the Russian government, is the first major
customer for the Joint Venture. DALK will import
fruit products and distribute them throughout the
entire Russian Federation and all of the CIS
countries. DALK has also negotiated options
for distribution in China and Europe. With
the Russian contract, the Joint Venture’s total
revenues could reach an annual $100 million within
the first two to three years.
Mr. Malis stated, “We are implementing an
‘End-to-End’ product control process with the new
company. Through the ‘End-to-End’ control we
will have consistent fruit supply to maintain
on-time deliveries to our customers and at the
same time high quality products.” The new
company will own or lease the fruit orchards and
control the production of the farms. The
company will build fruit processing plants close
to the nearest shipping ports for the export of
the packaged products directly to the
distributors.
The fruit is processed by
pulping the fruit, and then further processing for
the production of juice. The fruit pulp and
juice is then pasteurized and packaged in a
sterile and sanitary environment. Through
other production techniques the products will have
a minimum one-year shelf life without
refrigeration or freezing. The production
lines have the capability of producing custom size
and house-branded packaging for specific
customer’s requirements and languages.
Mr. David Doddridge, Vice
President of Compliance and Security for Imports
Unlimited, indicated that Imports Unlimited would
employ advanced computer systems for product
accountability through the production,
warehousing, transportation, and distribution
operational processes. He said, “We are
planning to use global shipment tracking methods.
These methods will integrate with the supply,
production, order processing, and financial data
systems and allow us to reduce losses inherent
with this type of business.”
The fruit products available at
this time come from the Mango, Pineapple,
Strawberry, Raspberry, Lemon, Tangerine, Guava,
Guanabana (Sour Sop,) Maracuya (Passion Fruit,)
Papaya, Orange, Lulo, Tomato, and Curuba trees and
plants. New Products are planned for the
future that will address the sports energy and
health markets.
For more
information about the products and the
distribution of products, please contact Imports
Unlimited at 1-435-313-9939 or fax at
1-801-508-2300. Postal mail is: PO Box 3322,
Cedar City, UT 84721. Inquires for financial
involvement and other opportunities should be
e-mailed directly to Mr. Sylvan Malis at:
corporate@imports-unltd.com.
E-mail:
info@imports-unltd.com
