San Francisco | Tuesday, February 28th, 2012
Eco-investor Vinod Khlosa’s company Khlosa Vantures has just invested in Nu-Tek Salt LLC, a Minnesota-based firm. Nu-Tek Salt produces a type of potassium chloride that is supposed to act as the supply for the demand in a reduced sodium product in the food industry. Food companies are now looking to Nu-Tek Salt to quickly reduce sodium levels in food products.
“We are excited to partner with Nu-Tek Salt and the opportunities that their unique, patented sodium-reduction technology will be able to bring to this rapidly growing industry,” said Khosla.
CEO of Nu-Tek Salt Tom Manuel is also excited. “This great partnership with Khosla Ventures will allow us to expand our capacity for our current customers and take advantage of the growing sodium-reduction market,” he said.
Image: Khosla Ventures