Reeds Incorporated announced today a partnership with Earl Gaudio & Son, a leading beer and beverage distributor, in a deal that will allow for the distribution of Reed’s products throughout Eastern Illinois. Reed’s has been striking similar deals with local distributors around the country thus far in 2008.
* January 10th – signed a deal with Rogo Distributors to gain access to the Southern Connecticut market.
* January 16th – signed a deal with Portland beverage to gain access to all of Maine.
* January 22nd – signed a deal with Atlas Distributing to gain access to Central Massachusetts.
Reed’s is best known for their award winning, top selling beverages that are found internationally in gourmet and natural food stores. The company also makes ice cream and fine candy, all from the same natural ginger. Reed’s passion for ginger comes from its incredible flavor and health giving properties. Ginger is traditionally used to improve digestion, cure motion and morning sickness as well as for general health. The latest research is showing ginger to be an anti-carcinogen, to lower cholesterol, and in Europe it is used as an arthritis medicine.
The company’s initiative to increase sales by spreading nationwide has been working thus far. Sales have been continually increasing quarter after quarter and year after year. In the company’s most recent quarter ended September 30, 2007 they posted total revenues of $3.88 million, well up from $3.47 million the previous quarter; and through the first three quarters of 2007 they have already surpassed total sales from 2006. With continued expansion comes additional room for successful marketing of their award winning products. The future is bright for Reeds.
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