PLANT CITY, Fla., Jan. 6, 2017 /PRNewswire/ -- The common stock of Paradise, Inc. (OTCPK: PARF) increased YTD 14% during 2016 closing at $26.80 per share (Source :Nasdaq.com). An article in the Tampa Bay Times published on December 30, 2016 incorrectly reported the Company's stock price decreased YTD 23% during 2016. A correction was published in the Tampa Bay Times on Wednesday, January 4, 2017.
Paradise, Inc. is the largest producer and seller of glace' candied fruit in the U.S. These products are used in fruit cakes and other confections both by commercial bakers and homemakers, and have long been a holiday tradition. The Company also operates Paradise Plastics, Inc. a wholly owned subsidiary, which designs and molds plastics containers for its product line, as well as other custom plastics products for non-affiliated customers.
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SOURCE Paradise, Inc.