In 1995, Pleasant Springs began providing bulk water to several other water companies. In the past we have serviced such customers as Kroger, Ingles, Bi-LO Supermarkets, Cracker Barrel restaurants, Georgia Tech University, Tiger Food Mart, Winn Dixie and many others. The company has recently made a significant investment in updating and refurnishing its equipment to better serve our partners. We have streamlined our capacity and efficiency to facilitate our customers with billions of gallons of premium high alkaline high altitude spring water. Our goal is to be fully functional in December 2012 and resume or exceed bulk water sales which previously accounted for nearly five hundred thousand dollars ($500,000.00) in revenue.
Bottled Water.
Bottled water consumption and sales have been increasing exponentially since its emergence as a widely-accepted commercial beverage category. In 2011 Americans purchased 9.1 billion gallons of bottled water. Per capita consumption reached a new peak of 29.2 gallons (it was 18.2 gallons per person about a decade ago). The overwhelming majority (96%) of bottled water purchased in the US came from domestic sources.
Pleasant Springs is re-introducing its brand with the newly launched logo and websitewww.pleasantsprings.com. The company has partnered with Tricorbraun, an industry leader and worldwide provider of glasses and plastic bottle products. Tricorbraun has been contracted to create a mold specifically to characterize a unique look for our glass and PET bottle line. We expect the new bottles to be available by the end of 4th quarter 2012. Combined with our existing customer list and initial sales inquiries we are estimating gross revenue of approximately Two Million dollars ($2,000,000.00).
New Products.
Classic Swing Top Bale Wire Glass Bottles.
Along with our new unique bottle designed by Tricorbraun, Pleasant Springs will also roll out the Glass Bale Wire Swing Top Bottles (aka as Bail Wire Bottles, Fido bottles, Kilner Bottles, and Swing Top Bottles). These bottles provide a homespun look providing a handcrafted, homegrown appeal. This Country-styling screams wholesome goodness, guaranteeing they'll standout in any setting. Glass Bale Wire Bottles are crafted by Pleasant Springs and feature unsurpassed glass quality and attention to detail. Bail wire is constructed of heavy-duty, zinc-plated steel wire. Our limited edition Bale Bottles will be available in 2013. This unique Product will become the retail price leader in the Boutique Glass Water Market.
About Pleasant Springs Farms Inc.
Pleasant Springs Farms is focused on creating a superior product for the bottled water industry by bottling pure spring water from the mountainous regions of Georgia with a spirit of excellence. The Company has committed a substantial investment specifically designed to build access to markets throughout the United States and foreign markets. Prior to the licensing agreement with Expert Group, Pleasant Springs sold pure mountain premium spring water with annual revenue of nearly five million dollars ($5,000,000.00). The farm is located inTiger, Georgia, in America's first temperate rain forest on 22+/- acres since 1793.
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