Leiner Nature's Origin Brand Presented As Numico Alternative
This article was originally published in The Tan Sheet
Executive Summary
Leiner Health Products expects its new Nature's Origin supplement line, positioned as a cost-effective alternative to top GNC and health food store items, to be carried in almost 15,000 mass stores by September.
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Leiner
Private labeler will take a "significant restructuring charge" in FY 2001 fourth quarter to cover costs of reengineering initiative that began in July 2000 and was accelerated in the fiscal third quarter ending Dec. 31, Leiner announces Feb. 14. Initiative includes elimination of 500 positions and closure of three facilities; manufacturing operations will be relocated to the firm's OTC facility in Fort Mill, S.C. (1"The Tan Sheet" Nov. 20, 2000, p. 4). Net sales for fiscal Q3 were down 12.7% to $159.5 mil. from the year-ago period; for the nine months, net sales were flat at $454.6 mil
Leiner
Private labeler will take a "significant restructuring charge" in FY 2001 fourth quarter to cover costs of reengineering initiative that began in July 2000 and was accelerated in the fiscal third quarter ending Dec. 31, Leiner announces Feb. 14. Initiative includes elimination of 500 positions and closure of three facilities; manufacturing operations will be relocated to the firm's OTC facility in Fort Mill, S.C. (1"The Tan Sheet" Nov. 20, 2000, p. 4). Net sales for fiscal Q3 were down 12.7% to $159.5 mil. from the year-ago period; for the nine months, net sales were flat at $454.6 mil
Leiner
Private labeler will take a "significant restructuring charge" in FY 2001 fourth quarter to cover costs of reengineering initiative that began in July 2000 and was accelerated in the fiscal third quarter ending Dec. 31, Leiner announces Feb. 14. Initiative includes elimination of 500 positions and closure of three facilities; manufacturing operations will be relocated to the firm's OTC facility in Fort Mill, S.C. (1"The Tan Sheet" Nov. 20, 2000, p. 4). Net sales for fiscal Q3 were down 12.7% to $159.5 mil. from the year-ago period; for the nine months, net sales were flat at $454.6 mil