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Accesswire
1 year ago
Yunhong Green CTI Announces Formation of New China Based Subsidiary, Yunhong Technology Industry (Hubei) Co., Ltd
Company in process of acquiring a fully equipped operating facility to advance the development and commercialization of compostable, biodegradable and recyclable materials New company to leverage Yunhong Group's broad platform and ecosystem of enabling technologies and manufacturing capabilities LAKE BARRINGTON, IL / ACCESSWIRE / January 24, 2024 / Yunhong Green CTI Ltd. (NASDAQ:YHGJ) ("Yunhong CTI" or the "Company"), a leading manufacturer of custom film packaging products, novelty balloons, candy and balloon gift solutions, and now with biodegradable and compostable material and finished product offerings, today announced the formation of a new subsidiary and related intended acquisition of an operating facility to advance the business of compostable, biodegradable and recyclable materials to enhance environmental sustainability.