Alkame's Build Out of New Production Facility Nearing Operational Status

Rhea-AI Summary

Alkame Holdings, Inc. (OTC PINK:ALKM) announced the nearing operational status of its new production facility for its subsidiary, West Coast Co-Packer, Inc., located in Salem, Oregon. The facility features five loading docks and additional production capacity, allowing for expected revenues to reach approximately $15.5 million annually. This facility is designed to improve efficiency and reduce costs while doubling production capacity to approximately 10.36 million bottles per year. CEO Robert Eakle highlighted its importance for growth and operational efficiencies.

Positive

• New production facility in Salem, Oregon, nearing operational status.
• Increased production capacity expected to double production to 10.36 million bottles annually.
• Projected annual revenues of $15.5 million.
• Enhanced operational efficiency with improved loading logistics.

Negative

• None.

LAS VEGAS, NV / ACCESSWIRE / May 24, 2021 / Alkame Holdings, Inc. (OTC PINK:ALKM), a diversified holding company, is pleased to announce that the buildout of its wholly-owned subsidiary West Coast Co-Packer, Inc.'s new production facility is nearing operational status. The new West Coast Copacker food and beverage manufacturing facility located in Salem Oregon will allow for business growth with additional room for further continued expansion.

The location features five loading docks, three ground level and two above ground compared to two at the existing campus. The setup also significantly increases efficiency with less space. The floor plan has space for finished goods, which will be kept separate from production and shipping areas and additional space for future growth and storage is available if needed.

This strategic move and set up is expected to increase both client and production capacities. The new facilities production line features additional equipment along with advances in productivity and volume, equating into roughly a doubling up of production and capacity, with expected revenues to jump significantly. These advances provide an opportunity to conservatively clear 10.36 million bottles annually, enabling a gross revenue model targeting 15.5 million dollars annually.

"The new energy efficient facility will enable increased production and lower costs for our clients while at the same time allowing for the commercialization of our own portfolio of products," stated Robert Eakle, CEO of Alkame Holdings, Inc. Eakle continues, "This strategic move will also assist us in scaling our company's growth by providing increased production with operational efficiencies."

Much more to follow in the coming weeks.

About West Coast Co Packer, Inc.

West Coast Co Packer, Inc., is a wholly owned subsidiary of Alkame Holdings, Inc. and is a specialty liquid and single-serve manufacturer, co-packer, private labeler, and contract manufacturer, and is expected to immediately complement and seamlessly integrate with Alkame's other subsidiaries including Bell Food and Beverage, Inc. Bell Food and Beverage, Inc. is a specialty natural, organic liquid-based hot and cold fill food & beverage manufacturer in glass and PET bottles and jars. To learn more about West Coast Copacker visit www.westcoastcopacker.com.

About Alkame Holdings, Inc.

Alkame Holdings, Inc. is a publicly traded health and wellness technology holding company, with a focus on patentable, innovative, and eco-friendly consumer products. The Company's wholly owned subsidiaries manufacture products with enhanced water utilizing a proprietary technology to create products with several unique properties. The organization is diligently building a strong foundation through the launch and acquisition of appropriate business assets, and by pursuing multiple applications by placement into several emerging business sectors, such as consumer bottled water and RTD products, household pet products, horticulture and agriculture applications, hand sanitizers, and many other various water-based treatment solutions to both new and existing business platforms.

For more information, visit www.alkameholdingsinc.com.

Alkame Holdings, Inc. Investor Relations

Website: www.alkameholdingsinc.com

Email: info@alkameholdingsinc.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that Alkame will achieve significant sales, the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.

SOURCE: Alkame Holdings, Inc.

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https://www.accesswire.com/648715/Alkames-Build-Out-of-New-Production-Facility-Nearing-Operational-Status

FAQ

What is the significance of Alkame Holdings' new production facility?

The new facility enhances production capacity and operational efficiency, allowing for projected annual revenues of $15.5 million.

Where is Alkame Holdings' new facility located?

The new production facility is located in Salem, Oregon.

What are the expected production capacities for Alkame Holdings?

The facility aims to produce approximately 10.36 million bottles annually, effectively doubling prior production.

What is the expected revenue for Alkame Holdings after the new facility becomes operational?

Alkame Holdings anticipates annual revenues of about $15.5 million from the new facility.