Alkaline88® Boosts East Coast Capacity to Meet Surging Sales Demand

CANNANNEW REPORT

Company’s exclusive arrangements will alleviate raw material concerns for east coast expansion. SCOTTSDALE, Ariz.–(BUSINESS WIRE)–The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country’s largest independent alkaline water company, is pleased to announce that two of its leading suppliers have expanded their capacity by opening east coast facilities. The Company’s exclusive arrangements with these manufacturers will alleviate raw material concerns during its east coast expansion. In addition, the Company expects to add three new strategically located co-packers prior to the end of the third quarter to meet anticipated demand. “As we position ourselves for continued growth, we continue to deploy assets that allow our production to exceed increased demand for Alkaline88®,” said Ricky Wright, President and CEO of The Alkaline Water Company. “While much of the industry finds itself squeezed with raw material demands and capacity constraints, we’ve never been stronger. Our foresight to find multiple domestic sources for our raw materials paid dividends last year. Over the last six months, two of our west coast providers have opened operating facilities on the east coast.” “Demand is so strong that we are already in discussion with both manufacturers to double east coast capacity over the next six to twelve months,” continued Mr. Wright. “With the additional capacity we can stay even further ahead of the sales surge that we’ve seen as a result of organic growth and new clients. This is an ideal time to expand as we gear up for our national marketing campaign later this year.” The two manufacturing plants will focus exclusively on the Alkaline88® brand, providing the bottles and handles used in the Company’s one (1) gallon to their co-packers in the eastern part of the country. Mr. Wright stated that the Company has strategically increased the availability of raw components in order…

Excerpt only …
READ MORE BELOW
Source : Alkaline88® Boosts East Coast Capacity to Meet Surging Sales Demand

reposted by Cannabis News World

This site uses Akismet to reduce spam. Learn how your comment data is processed.