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Flexible Solutions Secures Major US Food-Grade Manufacturing Deal, Stock Soars - Flexible Solutions Intl (AMEX:FSI)

Summary by Benzinga
Flexible Solutions International, Inc. (NYSE:FSI) shares surged on Thursday after the company entered into a new partnership with a U.S.-based company to manufacture food-grade products under a non-exclusive agreement. The agreement, which started on Jan. 7, is set for a five-year term, with the possibility of automatic renewals for up to 25 years unless either party gives written notice to cancel. Based on FSI’s estimates, the contract could br…
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