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FTI Foodtech International Inc.
- 40 Wynford Drive Suite 210
- North York, Ontario
- M3C 1J5
- Phone: (416) 444-1058
- Website
Website Links
Description
FTI Foodtech International Inc. is a publicly traded, Toronto based company which has acquired new food products and technologies for licensing or sale. The Company's strategy is to work through existing channels, either providing food companies with rights to FTI products or the proprietary mixes required to produce them. Licensing agreements typically provide for a royalty per unit. The licensee assumes the cost of producing and distributing the product including technical fees to FTI for the preparation work needed to commence production. FTI retains control over the provision of propriety mixes which it sells to the licensee at a profit.