Pacific Ventures Group, Inc., a food and beverage holding company specialising in the distribution of consumer food, beverage and alcohol-related products, announced that its Seaport Meat Company division is expanding into the pet food industry.
Ms. Shannon Masjedi, Pacific Venture Group's Chief Executive Officer, commented, "Our network and clients have been seeking pet food products and we believe it's a good time to expand into the solid-growth category. Seaport Meat Company is adding the machinery needed to produce and package pet food products. Additionally, we are currently negotiating a contract with a leading pet food brand that would become an anchor to our new platform and potentially add up to $5 million in additional annual revenue."