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Monday, December 20, 2021 4:15:21 PM
The below information is in timeline format meaning the first items you read are the oldest and the bottom newest. Start at top to see how company has progressed and is building a strong revenue driving and profitability company:
HIRU acquires AZ Custom Bottled Water LLC (‘AZ Water’) in July, 2020
Bottles for very large clients
Mass produces Alkaline water and ice
AZ Water bottles for convenience stores, major grocery stores, small businesses, and the federal government.
AZ Water owns a 11ksf state of the art bottling and distribution facility. In operations since 2007
Seasoned operations
Cash flow positive financials
High growth high demand industry
In July, 2020 they reduced AS from 5b to 1.75B resulting in a maxed share structure
Due to the increased purchase orders and demand from current and future AZ Water clients, HIRU immediately broke ground on a 2nd facility (12,500sf), which is fully operational today
In July 2021, HIRU announced they broke ground on their 3rd facility
85ksf
Central distribution point of finished product and distribution
Houses a new automated bottling line
Increases total sf to 109,000sf
New automated bottling line will produce 60-80 bottles per minute
Allows them to produce flavored waters which are high growth
Fully operational as of August
Increased production capabilities 400%
Allows them to produce large batch orders, thus decreasing their costs and increasing profitability
“This new facility is being built to accommodate several large purchase orders that are expected to be received in the near future as well as serve as a central distribution point of finished product storage for our customers. This new facility is 85,000 square feet and will also house a new automated bottling line that is on order and being built to our specifications. This new facility will increase the total square feet we have under
HIRUCORP
@hirucorp
· Dec 18
Good evening looks like Jan 17th we will be starting our second line in full production, stand by for pictures and videos. Have a good weekend.
- Biggest client is (NASDAQ: WTER)
- Just reduced SS by 17%
- 1.46B OS/AS
- $1m in revs Q4
- $10m-$20m in 22
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