NetworkNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Subsidiary Secures $250M Coffee Contract
Leading omni-direct lifestyle company Youngevity International, Inc. (NASDAQ: YGYI) recently announced that its wholly owned subsidiary, CLR Roasters, has entered into a five-year contract for the sale and processing of over 41 million pounds of green coffee on an annual basis. Referencing current coffee prices and futures, the company estimates that this contract will generate revenues in excess of $50 million per annum throughout the five-year term. “We have invested millions of dollars in our coffee operations with our sights on creating value for our business,” Steve Wallach, CEO of Youngevity, stated in the news release. “A contract of this size…







