Worksport is announcing plans to expand soft folding tonneau cover production to a second overseas factory. With its current overseas factory already at fully capacity. This is in anticipation of expected additional demand as Worksport begins to ramp up sales efforts within the USA and Canada. In line with this growth, the Company is also ramping up production capacity for its hard folding tonneau covers at its facility in Buffalo, New York. This increase in manufacturing capacity is to meet the market demand for its products. “We are excited to expand our manufacturing capabilities globally,” said Steven Rossi, CEO of Worksport. “The new overseas factory is expected to leverage our existing expertise in producing high-quality soft folding covers, ensuring we meet the strong demand swiftly and efficiently.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on WKSP:
- Worksport Ltd. Announces Second Soft Cover Factory and Increases Production in Buffalo, New York
- Worksport’s Terravis moves heat pump to commercial design stage
- Worksport Announces Strategic Partnership with NeuronicWorks to Assemble COR Battery System for Alpha Release and Full Production
- Worksport announces strategic parntership with NeuronicWorks
- Worksport files to sell 7M shares of common stock for holders