over65 133 Posted July 22, 2020 GNC filed for chapter 11 bankruptcy June 24. GNC has struggled financially for years. Is now $900M in debt. Yet paid its CEO a $2M bonus but thousands employees lose jobs. GNC is closing about 1200 stores (about 25%). In 2018, Harbin Pharmaceutical Group Holding Co., a company controlled by the Chinese government, agreed to acquire an approximately 40% stake in GNC. GNC Vitamins and supplements likely made in China at Harbin Pharmaceutical Group. Share this post Link to post Share on other sites
Hop_Scotch 1,632 Posted July 22, 2020 I am not sure bariatricpal is the place for political statements but I will bite. As far as I can tell there products are currently manufactured in USA. Who owes the other 60% and where are the products going to be manufactured going forward? 1 JessLess reacted to this Share this post Link to post Share on other sites
LaWanda2 4 Posted August 30, 2020 A plant in SC is one of their suppliers. Sent from my SAMSUNG-SM-J727AZ using BariatricPal mobile app Share this post Link to post Share on other sites