Hometown International, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Alex Mond
- Full Time Employees
- 1
- Sector
- Consumer Defensive
- Industry
- Grocery Stores
- Address
- 2934 North Beverly Glen Circle Los Angeles CA United States of America 90077
- IPO Date
- Oct 25, 2019
- CIK
- 0001632081
- Website
- makamer.com
- Similar Companies
- Business
- Hometown International, Inc., now operating as Makamer Holdings, is a holding company primarily engaged in the manufacturing and distribution of bioplastics following its strategic merger with Makamer, a Los Angeles-based bioplastics startup, in March 2022. Originally known for operating Your Hometown Deli, a delicatessen located in Paulsboro, New Jersey, the company offered sandwiches, soups, salads, deli meats, cheeses, breads, rolls, hot and cold drinks, pastries, yogurt, and bagels before closing the deli business in mid-2022. The company's core bioplastics business focuses on sustainable materials designed for various industrial applications. Founded in 2015 and headquartered in Paulsboro, New Jersey, Hometown International attracted attention for its previous deli operations, which had a disproportionally high market capitalization despite limited sales. In recent years, the company has undergone significant transformation, including the closure and sale of its deli assets and a pivot toward the bioplastics sector through the merger and rebranding as Makamer Holdings. The merger aimed to expand its footprint in the sustainable materials market while divesting non-core deli operations. The company’s latest major changes include the March 2022 reverse merger with Makamer, which marked a strategic shift from food retail to industrial bioplastics manufacturing. Following this, the deli inventory was sold in July 2022, and the deli business itself was sold in August 2022. Additionally, the company has recently raised modest funding of $0.05 million to support its new business focus. Hometown International has also been subject to regulatory scrutiny and legal challenges related to past securities fraud allegations linked to its deli business operations, which have been resolved with guilty pleas by involved parties. Hometown International’s subsidiary operations are now primarily centered on bioplastics development and commercialization, targeting markets that demand sustainable, eco-friendly material solutions. The company maintains its stock ticker HWIN on the over-the-counter market while repositioning as an industrial biotech entity. This repositioning aligns with industry trends favoring environmentally sustainable product lines and technology-driven materials innovation. Overall, Hometown International, Inc. (Makamer Holdings) operates within the bioplastics industry, providing sustainable biopolymer products and solutions primarily in the United States, with its headquarters in Paulsboro, New Jersey. The company’s recent strategic merger and operational pivot position it as an emerging player in the sustainable materials sector, moving away from its legacy deli business operations established at its founding in 2015.
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