The Alkaline Water Company Adds New State-of-the-Art Midwest Copacker, Century Springs

2022-07-15 23:59:52 By : Ms. Ales Fung

Alkaline88® Increases Capacity and Reduces Freight Costs with the Addition of Century Springs near Milwaukee, Wisconsin

SCOTTSDALE, Ariz., June 30, 2022--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the "Company"), the country’s largest independent alkaline water company and the Clean Beverage® company, today announced the start of production of Alkaline88® in state-of-the-art copacking plant Century Springs in Wauwatosa, Wisconsin. The plant’s large and small bottle lines will increase production capacity for the Company while its geographic location will decrease costs and carbon footprint associated with freight.

"Century Springs will be producing Alkaline88® in the Midwest region for the first time in our company’s history," said Frank Lazaran, President and CEO of The Alkaline Water Company. "This state-of-the-art facility outside of Milwaukee will provide a strategic production center for Alkaline88® and support further expansion in a market where we see significant upside for growth.

"Alkaline88 is being produced around the country by a strong network of copacking partners. This network supports increasing sales that are being driven by organic growth, SKU expansion, and new retail clients. While industries around the country are facing inflationary pressure, we continue to optimize our network of raw materials manufacturers and copackers to partially offset the increasing costs associated with freight. This is part of a broader company-wide strategy to continue to drive topline revenue growth while striving to put the company on a pathway to profitability."

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 and CSE: 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. In 2021, The Alkaline Water Company was pleased to welcome Shaquille O’Neal to its board of advisors and to serve as the celebrity brand ambassador for Alkaline88®.

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.

Century Springs, located in the upper Midwest, is a bottler and distributor of spring water and other products to Businesses, Homes & Retailers. Their copacking division, Midwest Co-Packing produces functional beverages in premium bottles and packaging for private label, store brands and national brands.

To learn more about Century Springs, please visit www.centurysprings.com, www.midwestcopacking.com or connect with them on Facebook or LinkedIn.

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 the plant’s large and small bottle lines will increase production capacity for the Company while its geographic location will decrease costs and carbon footprint associated with freight; that this state-of-the-art facility outside of Milwaukee will support further expansion in a market where the Company sees significant upside for growth; and a broader new company-wide strategy to continue to drive topline revenue growth while striving to put the Company on a pathway to profitability.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220630005158/en/

The Alkaline Water Company Inc. Jeff Wright Director of Investor Relations 866-242-0240 investors@thealkalinewaterco.com

Media Jessica Starman 888-461-2233 jessica@elev8newmedia.com

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is joining its tech peers in a stock split. The trillion-dollar tech giant, which is the parent company of Google, plans to do a 20:1 stock split on Friday, July 15. If you're aiming to buy Alphabet before the stock split, the clock is ticking.

Rogers knows how to survive — and thrive — in turbulent times.

Inflation is running hot at 9%. Suze likes this asset to beat it.

The market is unstable. Your portfolio doesn’t need to be.

For nearly six decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has stood head and shoulders above most money managers. Since taking the reins of Berkshire in 1965, Buffett has overseen the creation of more than $610 billion in value for shareholders, as well as led the company's Class A shares (BRK.A) to an aggregate return in excess of 3,600,000%. Given the Oracle of Omaha's incredible track record, investors tend to pay close attention to what he and his investing team are buying and selling.

Mining stocks could capitulate given waning demand for industrial metals

Russia is positioning itself to engage in 'expropriation blackmail,' according to Mark Dixon, founder of the Moral Rating Agency.

Every investor wants to see his stocks pay off – or he wouldn’t be in the markets. But finding the right investment, the ‘one’ that will bring profits, can sometimes be challenging, especially in today's market conditions. The two simplest courses of action an investor can take to ensure solid returns are based on common sense. The first is to buy low and sell high. That is, find a cheap stock with sound fundamentals and good prospects for growth – and buy in to take advantage of the growth pote

Alphabet stock will undergo a 20-for-1 stock split on July 18. Here's how to trade the stock into the event.

(Bloomberg) -- Carson Block was on a Delta flight to New York when he felt blood pooling on his seat.Most Read from BloombergIvana Trump, First Wife of Former President, Dies At 73Chinese Homebuyers Across 22 Cities Refuse to Pay MortgagesBiden to Leave Mideast With No Immediate Announcement on OilChina Growth Slows Sharply, Putting GDP Target Out of ReachIt’s a tale the famous, filter-free founder of trading firm Muddy Waters Capital launches into to make a point about misdoings among short sel

MARK HULBERT A gutsy contrarian bet right now is that the strong U.S. dollar will weaken, particularly versus the euro. A secondary bold bet is that U.S. stocks will lag international equities. Dollar weakness would represent a reversal of a trend dating back several years.

(Bloomberg) -- Former Treasury Secretary Lawrence Summers issued one of his harshest criticisms yet of the Federal Reserve’s slowness in moving to raise interest rates, and warned that policy makers are still presenting forecasts that are unrealistic.Most Read from BloombergIvana Trump, First Wife of Former President, Dies At 73Chinese Homebuyers Across 22 Cities Refuse to Pay MortgagesBiden to Leave Mideast With No Immediate Announcement on OilChina Growth Slows Sharply, Putting GDP Target Out

While Google could get a boost from a 20-for-1 stock split set for Friday, both AMZN stock and SHOP stock have retreated since their recent stock splits.

U.S. stocks rallied Friday to cap a four-day losing streak on Wall Street. Sentiment was buoyed by better-than-expected retail sales data and a strong earnings report from Citigroup.

Utility stocks are among the safest stocks in the entire stock market during a recession, and many agree we're either in one, or headed there. Utilities also provide stable dividends, even when the economy enters a downturn. As a result, these 3 high dividend stocks from the utility sector could be safe havens during a prolonged downturn.

(Bloomberg) -- As if another inflation shock and earnings drama at big banks weren’t enough for stock investors, Friday brings a critical moment where many option traders must decide their next move on hedging. Most Read from BloombergIvana Trump, First Wife of Former President, Dies At 73Chinese Homebuyers Across 22 Cities Refuse to Pay MortgagesUS Inflation Quickens to 9.1%, Amping Up Fed Pressure to Go BigStocks Bounce Off Lows as Traders Temper Fed Bets: Markets WrapFed Could Weigh Historic

Citigroup's latest earnings beat means that it could be priced fairly for once

Here's another cold, hard truth that many proponents of penny stocks don't tell you: Many low-priced shares stay low for a very long time.

Yahoo Finance Live examines several of today's trending stocks, including China's tech crackdowns on Alibaba for private data hacks and the outlook for cannabis stocks as American and German lawmakers on legalization bills.

Netflix reports Q2 earnings after the bell on Tuesday — and investors are bracing for impact.

.scrollTo(duration=200)" class="scrollToTop">Top