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BIG ROCK BREWERY SECURES NEW MULTI-YEAR AGREEMENT
BIG ROCK BREWERY SECURES NEW MULTI-YEAR AGREEMENT Canada NewsWire CALGARY, ...
About this update from Big Rock Brewery Inc.
[{"type":"text","content":"\n\n\n\n BIG ROCK BREWERY SECURES NEW MULTI-YEAR AGREEMENT\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n Aug. 12, 2024\n \n\n /CNW/ -\n \n Big Rock Brewery Inc.\n \n (TSX: BR) (\"\n \n Big Rock\n \n \" or the \"\n \n Corporation\n \n \") is pleased to announce that it has entered into a new 3-year production and sales agency agreement with a strategic partner (the \"\n \n Agreement\n \n \").\n \n\n\n\n\n\n\n\n\n Under the terms of the Agreement, the Corporation will produce various ready-to drink (\"\n \n RTD\n \n \") alcoholic beverages at its brewing, packaging and warehousing facility in\n \n Calgary\n \n and anticipates incremental volumes of 50,000 hectolitres or more annually. The Corporation shall also be responsible for selling the RTD products destined for the\n \n Alberta\n \n market. The anticipated increased volumes are expected to help balance the Corporation's overall production levels, providing for manufacturing economies of scale.\n \n\n \"We believe that the signing of the Agreement marks a positive step forward as we continue to work to grow volumes and revenues consistent with our strategic plan,\" stated\n \n David Kinder\n \n , President and Chief Executive Officer of Big Rock. \"We expect the addition of these volumes will allow us to leverage our existing capacity and take advantage of the greater functionality of our recently introduced high-speed, continuous-motion packaging equipment, the QuikFlex™ 2100G\n \n 3\n \n . Our ability to take this opportunity on is only possible due to the capabilities of our people, both in our production facility and in our sales organization, and our ability to produce complex, high-quality beverages at scale.\"\n \n\n\n Forward-Looking Information\n \n\n\n Certain statements contained in this press release constitute forward-looking statements. These statements relate to future events or Big Rock's future performance. All statements, other than statements of historical fact, may be forward-looking statements. Forward-looking information ar...