Business
The Alkaline Water Co.'s Increased Production Capacity Accelerates Coast-to-Coast Expansion
The Alkaline Water Co.'s Increased Production Capacity Accelerates Coast-to-Coast Expansion.
About this update from Alkaline Water Company Inc. (the)
[{"type":"text","content":"\n \n \n The Alkaline Water Co.'s Increased Production Capacity Accelerates Coast-to-Coast Expansion\n \n \nThe Alkaline Water Co.'s Increased Production Capacity Accelerates Coast-to-Coast Expansion\n\nWith Virginia Plant Open, Company Looks to Expand Aggressively into Retailers Throughout the East Coast\n\n \n SCOTTSDALE, AZ--(Marketwired - May 11, 2017) - The Alkaline Water Company, Inc. (OTCQB: WTER), with products bottled under the trademark Alkaline88® (the \"Company\"), began shipping Alkaline88® from their newest co-packer, Virginia-based Grand Springs, to the Company's East Coast customers this week. \n The Company is the creator of an innovative, state-of-the-art, proprietary electrolysis beverage process. The Company packages and sells its alkaline water in 1-gallon, 3-liter, 1-liter, 700ml and 500ml sizes to over 30,000 retail locations in all 50 states.\n The Grand Springs co-packing facility will have the production capacity to support up to $24 million in annual wholesale sales of Alkaline88® products. Sales of Alkaline88® have grown over 2,100% in the past three years. It has been the #1 selling alkaline water brand in Southern California for two straight years. Now with the Virginia plant open, the Company looks to aggressively expand into retailers up and down the East Coast. \n Grand Springs, an SQF certified facility, recently expanded from 47,200 to 60,200 square feet, with all 13,000 additional square feet dedicated to the production and distribution of Alkaline88® products to the East Coast. \n \"The production capabilities of Grand Springs will now allow us to economically deliver Alkaline88® to the densely populated East Coast,\" remarked Richard A. Wright, CEO and President of The Alkaline Water Company Inc. \"Not only will we be able to open up all the East Coast, but this should increase our overall profitability. Grand Springs is strategically located, so that the Company now has six co-packers nationwide that have the ability to serve a combined $72 million of production capabilities and are located within 600 miles of 95% of the US population.\"\n \"This week, Grand Springs will begin shipping our products to over 2,300 recently added East Coast retailers,\" Wright added. \"It was extremely important to the Company that production at Grand Spring's plant began bef...