Nexe innovations (CVE: NEXE) President Ash Guglani joined Steve Darling from Proactive with details of the company's plan to increase the size of their current operations. In fact, the company is doubling the footprint size to 20,000 sq. ft.
Guglani says the increase in size is needed to accelerate growth and will handle key equipment for their compostable beverage pods in both K-Cup and Nespresso formats. Space will also be used for order fulfillment as part of the launch of XOMA Superfoods.