USANA is building a state-of-the-art facility in Beijing. The approximately $40 million structure will house world-class manufacturing and production operations. Upon completion, the nearly 319,000-square-foot site will be the largest in all of USANA's 19 international markets.
Our plans to invest in a high-tech production facility in Beijing reflect the significant opportunity and potential we see for our business in mainland China, said Dave Wentz, USANA's chief executive officer. At USANA, we demonstrate our commitment to providing our customers with the highest quality nutritionals by manufacturing essentially all of our products in-house. This amazing facility will further that commitment.
USANA has negotiated land usage rights for this new building with the Beijing Economic and Technological Development Area, which houses a number of high-tech industries. The company anticipates that construction on this facility will begin in 2014 and will be operational during the latter part of 2015.
Founded in 1992, USANA Health Sciences is a U.S.-based nutritional company that manufactures high-quality supplements and personal care, energy and weight-management products in its FDA-registered facility in Salt Lake City. USANA's products, used by more than 600 professional athletes, are developed by the company's award-winning team of scientists and sold directly to Preferred Customers and Associates in 19 international markets.
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