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Thursday, October 19, 2023 11:27:03 AM
A1 Beverages Will Produce Alkaline88® Products to Support the Brand's Growth in the Northeast
The Alkaline Water Company Inc. (NASDAQ:WTER) (the "Company"), the country's largest independent alkaline water company and the Clean Beverage® company, today announced it has further expanded its production capacity through a new co-packing partner in New York. A1 Beverages (OTC:AWON), which owns and operates the bottling and labeling facility in the town of Halcott, recently completed a new packaging and bottling production line and has plans to further expand capacity in 2024.
The partnership is important to The Alkaline Water Company for both the continued growth of the Alkaline88® brand in the northeastern region of the United States, and further progress on the Company's pathway to profitability by reducing costs associated to outbound shipping in that region of the country.
"Over the past two years, we have strategically grown a network of co-packers to improve efficiencies, meet demand, and reduce shipping costs," said Frank Chessman, President and CEO of The Alkaline Water Company. "A1 Beverages will be an important producer of Alkaline88, and their addition as a partner in New York further strengthens our capacity, capabilities, and cost efficiencies in the Northeast."
"It's great to work together with Alkaline88 as they continue to grow their national footprint," said Mr. Lloyd Preston, President and CEO of A1 Beverages Custom Bottled Water, LLC. "With the increased production capacity that A1 provides, we will work together to stay ahead of demand as Alkaline88 continues to carve out more market share in the Northeast and other regions."
Unlimited number of burned bashers in the OTC. I’m all into keeping their money.
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