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Alkaline Water Company Inc WTER
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Posted On: 04/27/2021 3:30:37 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Enters Strategic Agreement with Creekside Springs Amid Increased Retail Sales

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, today announced its entry into a contract packaging agreement with Creekside Springs LLC of Ambridge, Pennsylvania, to produce Alkaline88(R) bottled water products for the region. “This move is important as our retail sales continue to increase. With the addition of major retailers and anticipated SKU expansion in up to 16,000 current retail locations, it is critical to stay ahead of consumer demand for Alkaline88,” said Richard A. Wright, president and CEO of The Alkaline Water Company. “Creekside Springs is a great operator. Their western Pennsylvania plant will service our growing Midwest and Northeastern customer-base, which includes Meijer’s 240 recently added stores and the expansion of our one-gallon and one-liter bottles into thousands of CVS drugstores throughout the region. Creekside Springs will use some of our latest technological innovations, which should allow them to become a major producer for us. We project this plant is capable of producing up to $30 million of wholesale per year.”

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