Layn USA Continues to Produce Cargill’s Truvia Stevia in China
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The agreement remains in place provided Layn meet certain volume and revenue milestones, which the company has done.
Natural sweeteners firm Layn USA (Newport Beach, CA) will continue exclusively contract manufacturing stevia ingredients in China for Cargill’s (Minneapolis) Truvia stevia sweetener. Layn is owned by China-based parent company Guilin Layn Natural Ingredients Corp.
The two companies, Layn and Cargill, entered the agreement in November 2011. The agreement remains in place provided Layn meet certain volume and revenue milestones, which the company has done.
“We’re thrilled to maintain the agreement with Cargill specific to our stevia line of ingredients,” says Chris Tower, president of Layn USA Inc. “The relationship has been a success and all agreement milestones were exceeded in 2012. The collaboration remains vibrant for 2013 and beyond.”
