The Alkaline Water Company Enters New Co-Packing Partnership with New York Facility
02 Agosto 2023 - 3:15PM
Business Wire
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 (US 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.”
About The Alkaline Water Company:
The Alkaline Water Company is the Clean Beverage® company making
a difference in the water you drink and the world we share.
Founded in 2012, The Alkaline Water Company (NASDAQ: WTER) is
headquartered in Scottsdale, Arizona. Its flagship product,
Alkaline88®, is a leading premier alkaline water brand available in
bulk and single-serve sizes along with eco-friendly aluminum
packaging options. With its innovative, state-of-the-art
proprietary electrolysis process, Alkaline88® delivers perfect 8.8
pH alkaline drinking water with trace minerals and electrolytes and
boasts our trademarked “Clean Beverage” label.
To purchase The Alkaline Water Company’s products online, visit
us at www.alkaline88.com.
To learn more about The Alkaline Water Company, please visit
www.thealkalinewaterco.com or connect with us on Facebook, Twitter,
Instagram, or LinkedIn.
About A1 Beverages, LLC:
A1 Group Corp., a Nevada corporation, is a public quoted Pink
Sheet issuer under the ticker symbol "AWON". AWON is a fully
reporting QB reporting issuer with OTC Markets Group, Inc. and is
current in its mandatory required filings (e.g., Pink Sheet
Current). Currently, AWON has one wholly owned, operational
subsidiary, A1 Beverages, a Nevada corporation ("A1 Beverages"),
which owns and operates a commercial water bottling and labeling
facility based in Halcott, NY.
Notice Regarding Forward-Looking Statements
This news release contains “forward-looking statements.”
Statements in this news release that are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations, or intentions regarding the future.
Such forward-looking statements include, among other things, that
A1 Beverages will produce Alkaline88 products to support the
brand’s growth in the Northeast; that the partnership is important
for 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; that A1 Beverages will be an important producer of
Alkaline88, and their addition as a partner in New York further
strengthens the Company’s capacity, capabilities, and cost
efficiencies in the Northeast. ; that the Company expects AZ Custom
Bottled Water to play a significant role in its continued growth in
the Southwest and beyond for years to come; that the Company looks
forward to the same kind of partnership with A1 Beverages as they
support Alkaline88's growth in Northeast markets; and that the
Company and A1 Beverages we will work together to stay ahead of
demand as Alkaline88 continues to carve out more market share in
the Northeast and other regions.
The material assumptions supporting these forward-looking
statements include, among others, that the demand for the Company’s
products will continue to significantly grow; that the past
production capacity of the Company’s copacking facilities can be
maintained or increased; that there will be increased production
capacity through implementation of new production facilities, new
copackers and new technology; that there will be an increase in
number of products available for sale to retailers and consumers;
that there will be an expansion in geographical areas by national
retailers carrying the Company’s products; that there will be an
expansion into new national and regional grocery retailers; that
there will be an expansion into new e-commerce, home delivery,
convenience, and healthy food channels; that there will not be
interruptions on production of the Company’s products; that there
will not be a recall of products due to unintended contamination or
other adverse events relating to the Company’s products; and that
the Company will be able to obtain additional capital to meet the
Company’s growing demand and satisfy the capital expenditure
requirements needed to increase production and support sales
activity. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, governmental regulations being implemented
regarding the production and sale of alkaline water or any other
products; additional competitors selling alkaline water and
enhanced water products in bulk containers reducing the Company’s
sales; the fact that the Company does not own or operate any of its
production facilities and that copackers may not renew current
agreements and/or not satisfy increased production quotas; the fact
that the Company has a limited number of suppliers of its unique
bulk bottles; the potential for supply-chain interruption due to
factors beyond the Company’s control; the fact that there may be a
recall of products due to unintended contamination; the inherent
uncertainties associated with operating as an early stage company;
changes in customer demand and the fact that consumers may not
embrace enhanced water products as expected or at all; the extent
to which the Company is successful in gaining new long-term
relationships with new retailers and retaining existing
relationships with retailers; the Company’s ability to raise the
additional funding that it will need to continue to pursue its
business, planned capital expansion and sales activity; and
competition in the industry in which the Company operates and
market conditions. These forward-looking statements are made as of
the date of this news release, and the Company assumes no
obligation to update the forward-looking statements, or to update
the reasons why actual results could differ from those projected in
the forward-looking statements, except as required by applicable
law, including the securities laws of the United States and Canada.
Although the Company believes that any beliefs, plans,
expectations, and intentions contained in this news release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations, or intentions will prove to be accurate. Readers
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in the reports
and other documents the Company files with the SEC, available at
www.sec.gov, and on the SEDAR, available at www.sedar.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230802602525/en/
The Alkaline Water Company Inc. Jeff Wright Director of
Investor Relations 866-242-0240
investors@thealkalinewaterco.com
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