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IQ Formulations Begins Headquarters Expansion After Working with South Florida’s Stonegate Bank and Total Real Estate Consultants, Inc.
Date:9/3/2014

Sunrise, FL (PRWEB) September 03, 2014

Sunrise-based health supplement manufacturer IQ Formulations today announced that it has begun the process of relocating and expanding its operations after working with Total Real Estate Consultants, Inc. and securing a loan from South Florida’s Stonegate Bank. IQ Formulations was named last week to Inc. Magazine’s 500 fastest growing companies in the nation after posting an astonishing 5,486 percent growth rate since 2010. The company will soon move its operations to Tamarac, where it is beginning the process of building out a state-of-the-art manufacturing and processing facility that can accommodate a surge in production and a growing workforce.

“As a born and raised Floridian, it was very important to me to partner with a bank and realtor right here in our own community,” said IQ Formulations CEO Jay Cohen. “Stonegate Bank’s Eric Servaites and Total Real Estate Consultants’ Joe Pelayo did a great job making the process easy. Their assistance has helped immeasurably with the expansion that is underway, and we look forward to their continued assistance as we grow and create additional jobs in South Florida.”

Work has already commenced on IQ Formulations’ new high-tech facility and the company hopes to move in by the end of the year. The upgraded location will include enhanced production capabilities, and will be home to the company’s recently expanded Quality Control and Assurance Department.

IQ Formulations has expanded rapidly over the past few years, generating dozens of new jobs. The company was na
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