Cono Italiano, Inc. (CNOZ) to Purchase Manufacturing Equipment to Facilitate Expansion
Cono Italiano, Inc., the license holder for the North American Distribution and Manufacturing rights for “Pizza Cono,” a one-of-a-kind, drip-free, cone shaped pizza made from proprietary dough, was pleased to announce after the closing bell yesterday that they have entered into an agreement to purchase the necessary manufacturing equipment for expansion of their frozen food product line which will be launched this year.
Mitchell Brown CEO of Cono Italiano, Inc., stated, “We are pleased to have been afforded this opportunity to achieve the goals of the company and expand on our business; we anticipate our line of unique frozen food will complement our existing product ‘Pizza Cono’ and will bring significant revenues to Cono Italiano, Inc. in 2011. Pizza Cono has been well received by the public and we believe our new line of frozen foods will endure the same success.”
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