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Last $1.15 USD
Change Today +0.04 / 3.60%
Volume 11.1K
ALN On Other Exchanges
As of 1:29 PM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

american lorain corp (ALN) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/14/15 - $1.88
52 Week Low
11/21/14 - $0.89
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Current Stock Chart for AMERICAN LORAIN CORP (ALN)

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american lorain corp (ALN) Details

American Lorain Corporation, through its subsidiaries, develops, manufactures, and sells various food products in the People’s Republic of China. It provides chestnut products, including frozen chestnuts and aerated open-bottom chestnuts. The company also offers convenience food products comprising ready-to-cook food products; ready-to-eat food products; and meals ready-to-eat food products that include meal kits with self-heating devices or microwavable kits, such as microwavable rice boxes for military use, as well as for camping, traveling, and other occasions. In addition, it provides frozen food products, which comprise frozen vegetables and frozen fruits. The company markets its products directly through its own sales team to supermarket chains, mass merchandisers, wholesalers, and others, as well as through third-party distributors. It also exports its products to the Asia Pacific, Europe, the Middle East, and North America. The company was formerly known as Millennium Quest, Inc. American Lorain Corporation is headquartered in Junan County, the People’s Republic of China.

2,471 Employees
Last Reported Date: 04/15/15

american lorain corp (ALN) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: $66.0K
Interim Chief Financial Officer
Total Annual Compensation: $6.5K
Chief Operating Officer and Director
Total Annual Compensation: $16.2K
Compensation as of Fiscal Year 2014.

american lorain corp (ALN) Key Developments

American Lorain Corporation Presents at Rodman & Renshaw 17th Annual Global Investment Conference, Sep-08-2015

American Lorain Corporation Presents at Rodman & Renshaw 17th Annual Global Investment Conference, Sep-08-2015 . Venue: The St. Regis Hotel, Two East 55th Street, New York, NY 10022, United States.

American Lorain File Shelf Registration; Mulls Acquisition

American Lorain Corporation (AMEX:ALN) has filed a Shelf Registration in the amount of $60 million. The company plans to use the net proceeds received from the sale of the securities offered by this prospectus for general corporate purposes, which may include, among other things, repayment of debt, repurchases of common stock, capital expenditures, the financing of possible acquisitions or business expansions, increasing working capital and the financing of ongoing operating expenses and overhead.

American Lorain Corporation Launches Lorain Youtiao

American Lorain Corporation announced the launch of a new breakfast product line: the Lorain Youtiao, to meet the increasing demand of on-the-go breakfast from Chinese consumers. A Youtiao, also known as Fried Dough Sticks, is a long golden-brown strip of fried dough and a staple item of Chinese breakfasts. Regarding the new Youtiao product line, the company strives for top-quality and high standards through every step of the production process. All ingredients will be sourced using highly reputable and well-known suppliers; advanced production techniques will be employed to create a contaminant-free processing environment; and finally, all finished items will be transported at -18°C (-0.4°F) via the Company's cold chain logistics distribution network.


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