Beer, Beer and More Beer: BrewBilt Lands Europe and More Worth $50M Over 3 Years

Rhea-AI Summary

BrewBilt Manufacturing Inc. (OTCPINK: BBRW) announced its first European order for a 10 Barrel brewing system valued at $350K, with additional orders expected over the next three years. CEO Jef Lewis highlighted recent orders from three California companies and a request for a 20 Barrel system in Arizona for $500K. The company anticipates entering the European craft beer market, projected to reach $138M, and plans to announce a strategic partner and a new brewing facility for Asia and Europe soon, aiming for $80M in growth over five years.

Positive

• First European order secured for a 10 Barrel System valued at $350K.
• Expecting additional orders in the next three years.
• Recent orders from multiple California companies bolster production.
• Plans for a new facility for Asia and Europe, targeting $80M growth over five years.

Negative

• None.

SACRAMENTO, CA, Oct. 13, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Today BrewBilt Manufacturing Inc. (the “Company”) (OTCPINK: BBRW), announced that the first Europe order is for a 10 Barrel System for $350K, with more to follow over the next 3 years.

Meet BrewBilt Chairman at   https://www.brewbilt.com/media

Jef Lewis, CEO, stated, “We are busy with manufacturing brewery orders recently received by 3 California companies and a company in Arizona this month. The Scottsdale based company has requested a 20 Barrel system for approximately $500,000.  BrewBilt is primed and in a groove to prosper. Anheuser-Busch is on our radar while the European craft beer market for BrewBilt is projected at $138M. Europe and Asia are demanding American Craft Beer, and I plan on announcing our strategic partner and our expansion into opening a 40,000 sq ft brewing facility for Asia and Europe on November 1, 2020. This will add a dynamic revenue stream to our existing manufacturing revenue stream with a projected growth of $80M over 5 years.” 

BrewBilt has commenced a world advertising campaign starting in November-2020 look for BrewBilt at the following digital media:

Food & Beverage https://www.fb101.com/

Pizza Today https://www.pizzatoday.com/

The New Brewer https://www.brewerspublications.com/

Beverage Master https://beverage-master.com/

See our product in action with this HOPPING Episode: 

https://www.youtube.com/watch?reload=9&v=eAtMrDj7PYA&feature=youtu.be

BrewBilt Video Link: https://www.brewbilt.com/about-1

ABOUT BREWBILT:  (www.brewbilt.com)

Located in the Sierra Foothills of Northern California, BrewBilt is one of the only California companies that custom designs, hand crafts, and integrates processing, fermentation and distillation processing systems for the craft beer, cannabis and hemp industries using “Best in Class” American made components integrated with stainless steel processing vessels using only American made steel. Founded in 2014, the company began in a backyard shop by Jef Lewis with a vision of creating a profitable company in “Rural America”. BrewBilt has built a solid foundation by having strong relationships with local suppliers of raw materials, equipment and services in California, an aggressive referral network of satisfied customers nationwide, and an Advisory Board consisting of successful business leaders that provide valuable product feedback and business expertise to management. The craft brewing & spirits industries continue to grow worldwide. California is where craft brewing began and now has over 900 operating breweries – being centrally located in this booming market was a large draw for BrewBilt to locate its manufacturing facility in the Sierra foothills. All BrewBilt products are designed and fabricated as “food grade” quality which enables the company to build vessels for food & beverage processing. More important, the company has been building systems that are pharmaceutical grade for clients involved in distillation for the cannabis and hemp industries over the past 36 months, thus making the revenue potential much greater. 

FORWARD LOOKING STATEMENTS This document contains forward-looking statements.  Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance, nor should they be relied upon as representing management’s views as of any subsequent date.  The forward-looking statements are based on management’s expectations and are subject to a number of risks and uncertainties.  Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements.  Risks and uncertainties that could cause actual results to differ materially include, without limitation, the Corporation’s ability to effectively execute its business plans; changes in general economic and financial market conditions; changes in interest rates; changes in the competitive environment; continuing consolidation in the financial services industry; new litigation or changes in existing litigation; losses, customer bankruptcy, claims and assessments; changes in banking regulations or other regulatory or legislative requirements affecting the Corporation’s business; and changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies.  Management may elect to update forward-looking statements at some future point; however, it specifically disclaims any obligation to do so.

Contact:

Jef Lewis, Chairman and CEO 

BrewBilt Manufacturing Inc. -  BBRW 

Call or Text: 530-802-5023

Info@BrewBilt.com

FAQ

What is the significance of BrewBilt's first European order?

BrewBilt's first European order for a 10 Barrel system worth $350K is significant as it marks the company's entry into the European market, which is projected to be worth $138M.

How much revenue growth is BrewBilt projecting over the next five years?

BrewBilt is projecting a revenue growth of $80M over the next five years.

Who is the CEO of BrewBilt Manufacturing Inc.?

The CEO of BrewBilt Manufacturing Inc. is Jef Lewis.

What is the recent order from Arizona worth?

The recent order from Arizona is for a 20 Barrel system valued at approximately $500,000.

What future plans does BrewBilt have for expansion?

BrewBilt plans to announce a strategic partner and the opening of a new 40,000 sq ft brewing facility for Asia and Europe.