The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER),the country’s largest independent alkaline water company, today announced that two of its leading suppliers have expanded their capacity by opening east coast facilities. According to the update, the company’s exclusive arrangements with these manufacturers will alleviate raw material concerns during its east coast expansion. Additionally, to meet anticipated demand, the company intends to add three new strategically located co-packers prior to the end of the third quarter. “As we position ourselves for continued growth, we continue to deploy assets that allow our production to exceed increased demand for Alkaline88(R),” said Ricky Wright, president and CEO of The Alkaline Water Company. “While much of the industry finds itself squeezed with raw material demands and capacity constraints, we’ve never been stronger. Our foresight to find multiple domestic sources for our raw materials paid dividends last year. Over the last six months, two of our west coast providers have opened operating facilities on the east coast.”
To view the full press release, visit https://ibn.fm/hpaHV
About The Alkaline Water Company
Founded in 2012, The Alkaline Water Company 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-balanced alkaline drinking water with trace minerals and electrolytes and boasts its trademarked label: Clean Beverage. Quickly being recognized as a growing lifestyle brand, Alkaline88 launched A88 Infused(TM) in 2019 to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in six unique, all-natural flavors with new flavors coming soon. Additionally, in 2020, the company launched A88 Infused Beverage Division Inc., which includes the company’s CBD water and flavor-infused water. For the company’s topical and ingestible offerings, A88 Infused Products Inc. includes the company’s lab-tested, hemp-extract salves, balms, lotions, essential oils, bath salts, powder packs, oil tinctures, capsules, and gummies. To learn more about the company, visit www.TheAlkalineWaterCo.com.
NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://ibn.fm/WTER
MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.