Twinlab Consolidated Holdings to expand contract manufacturing business

Oct 20 2014

Twinlab Consolidated Holdings, Inc. ("TLCC" or the "Company") announced today that it expects to add more than 20 new American jobs to support its expanding contract manufacturing business. 

"For nearly 50 years, one of the hallmarks of the Twinlab brand has been superior quality," explained TLCC CEO Tom Tolworthy. "We protect this legacy by controlling our own manufacturing and distribution facility in American Fork, Utah, where we proudly employ 200+ people, whose attention to quality assurance is unsurpassed in our industry."

"As we prepared for our recent management-led buyout of the Twinlab business, we recognized that there was great demand in the private label marketplace for a trustworthy supplier based in the United States and dedicated to quality manufacturing," said Steve Rolfes, Vice President of Contract Manufacturing at TLCC's operating subsidiary, Twinlab Consolidation Corporation ("TCC"), "and we believed this could be a new channel of significant growth opportunity for TCC." 

"The response has been even greater than we expected," continued Rolfes. "In the last six months we have been awarded private label manufacturing business from leading internet retailers, prominent regional supermarket chains, and from leading nationwide retailers, including recent awards that we believe will add in excess of $20 million of new business to TCC in the upcoming year." Rolfes went on to explain that the demand for TCC's high quality manufacturing capability has been so large that Twinlab intended to add more than 20 new manufacturing positions at its Utah facility.

"We believe that our most valuable asset is our people," said Tolworthy. "The dedication of our employees is what drives me each day, and I believe the recent awards of private label work we've received are a testament to the value and quality of our manufacturing in American Fork, Utah. There are no guarantees in the contract manufacturing business. Products we have been awarded can be put out for bid again in as little as 18 months and private label customers are not required to make purchases from us. But, as with all we do, we will dedicate ourselves to delivering upon the great measure of trust that has been placed with us by our customers, and we have every confidence that our contract manufacturing customers will continue to look to us as a primary vendor of choice and that this area of our business will continue to grow."