Boreal Water Collection Inc. (fka BRWC)

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http://www.vendingmarketwatch.com/news/12003787/global-bottled-water-market-sees-dramatic-increase-in-sales-and-becomes-one-of-the-fastest-expanding-industries-company-lands-24-million-private-label-agreement
BEVERAGE
Global Bottled Water Market Sees Dramatic Increase In Sales And Becomes One Of The Fastest Expanding Industries - Company Lands $24 Million Private Label Agreement
BY: STAFF ON SEP 15, 2014
SOURCE: FN MEDIA GROUP, LLC
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Consumer goods companies that also include operations in the Bottled Water Sector announce latest agreements, product developments, and new extended relationships: Boreal Water Collection Inc. (OTC: BRWC), Pepsico Inc. (NYSE: PEP), The Coca-Cola Company (NYSE: KO), SodaStream International Ltd. (NASDAQ: SODA), Mondelez International Inc. (NASDAQ: MDLZ) and Nestl (OTC: NSRGY)

Boreal Water Collection, Inc. (OTC: BRWC) a high end private label bottled water company from NY,announced today that it has completed a $24 million private label agreement with SOHO Corp. for the Asian Market and received from them the first order for Boreal's Catskill Mountain Spring Water under the brand name CATSKY. Recently we have announced that SOHO Corp. has received all the necessary approvals from the Chinese government to import "Boreal's Water" product in large quantities. The total value of this agreement is approximately $24M over a 36 month period.

According to a new report by Transparency Market Research (See more below), China is the most active market worldwide for bottled water. Asia Pacific dominated the global bottled water market and accounted for 33% of the global demand valued at approximately$157.27 Billion in 2013. In the coming six years, Asia Pacific is expected to remain the most promising market, with an estimated compound annual growth rate of 10.5% in terms of revenue from 2014 to 2020. The market is expected to reach $279.65 billion by 2020.

"We are very exciting to start our new business, and looking forward to a long term partner with your company Boreal. We hope in the future we can have big successful business in China with the Catsky bottled water" Mr. Peter Cao Yi, General Manager of Jiangsu SOHO International Group Corp. "We are so pleased with this private label agreement with SOHO Corp. and very happy to receive this new order from China. Asia is a huge market for our products. SOHO Corp. is a major player in Asia and they will promote the CATSKY brand for which the natural spring water comes from our Catskill Mountains spring. We strongly believe that this strategic alliance will help us penetrate this large Asian market earlier than expected and generate profits for our loyal shareholders in our 2015 forecast of revenues." Stated Francine Lavoie, CEO of Boreal Water Collection, Inc.