iPower (IPW) announced a key milestone in its U.S.-based manufacturing initiative. The Company’s newly acquired packaging production line has been delivered to iPower’s domestic facility ahead of schedule and is ready for immediate assembly. The packaging production line is part of iPower’s previously announced joint venture, United Package NV LLC, formed to establish U.S.-based manufacturing capabilities for commercial packaging. This venture is a core part of iPower’s “Made-in-USA” initiative under the Company’s proprietary SuperSuite Supply Chain Platform, which aims to localize critical supply chains and strengthen long-term operating resiliency.
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