Alto Ingredients Provides Updates On Magic Valley Facility In Idaho; CEE Anticipates Sales From Associated Products To Ramp Up In Q4
Portfolio Pulse from Benzinga Newsdesk
Alto Ingredients has updated its Magic Valley facility in Idaho, reporting improved production metrics. The facility is achieving full production capacity with high protein and corn oil technology systems, resulting in higher protein content and improved corn oil yields. These enhancements are expected to diversify the product mix and increase margins.
October 15, 2024 | 12:45 pm
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Alto Ingredients' Magic Valley facility is operating at full capacity with new technology systems, leading to higher protein content and improved corn oil yields. This is expected to diversify the product mix and increase margins.
The improvements at the Magic Valley facility indicate a positive operational development for Alto Ingredients. The increased production capacity and enhanced product yields suggest potential revenue growth and margin expansion, which are favorable for the company's stock price in the short term.
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