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Appalachian Mountain Brewery Announces Purchase of Cask Semi-Automated Canning System
GlobeNewswire - Thu Jan 23, 10:31AM CST
Appalachian Mountain Brewery, Inc. (OTC:HOPS), is pleased to announce it filed its Form-D with the U.S. Securities and Exchange Commission and North Carolina Securities Division. AMB officially began its Preferred B Stock-based offering and already secured significant initial expansion capital as part of an overall funding program. For additional information about the Preferred B Stock-based offering, accredited investors can contact AMB directly. The initial capitalization has allowed the company to make the purchase of additional brewing equipment and a Cask Semi-Automated Canning System ("SAMS", www.cask.com) , which will significantly expand its capacity and allow AMB to offer distribution of four beer styles in cans throughout North Carolina. SAMS is capable of producing a reliable 70 cans per minute or up to 175 cases per hour with multiple can heights of 12 or 16 ounces and is fully scalable for future growth. AMB plans on releasing multiple beers in 22 ounce bottles late February and 12 ounce cans by mid July.