BrewBilt Hires More Employees and Extends Production to Two Work Shifts

Rhea-AI Summary

BrewBilt Manufacturing (OTCPINK: BBRW) announced its entry into production with four new jobs valued at approximately $3.4M. CEO Jef Lewis mentioned hiring six new fabricators and plans for three more to support growing demand. The company aims to maximize production capacity by adding a second shift. With around 75 clients interested in private label beer, BrewBilt anticipates potential annual revenue of $7.2M as it progresses towards brewing craft beer by Q4 2021.

Positive

• New production jobs valued at approximately $3.4M.
• Plans to hire additional fabricators to meet growing demand.
• Potential annual revenue of $7.2M from private label beer contracts.

Negative

• None.

Sacramento, CA, June 04, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Today BrewBilt Manufacturing Inc. (the “Company”) (OTCPINK: BBRW), announced that the company has four (4) new jobs entering production for a value of approximately $3.4M. 

CEO Jef Lewis stated, “The Company has hired six (6) new fabricators to date in 2021 and is planning to hire three (3) additional fabricators to keep up with growth and expanding interest in the BrewBilt product line. In addition, BrewBilt plans to add a second eight-hour shift to maximize the utility of the existing manufacturing space.”

Jef Lewis further stated, “We have ordered all of the material to build the new equipment for BrewBilt Brewing Company and permits from Nevada County are underway so that we can finish construction of the new brewery with hopes of brewing craft beer during the 4th quarter of this year. We have approximately 75 clients requesting private label beer, and the list is growing. Potential annual revenue for 75 customers is about $7.2M annually.”

Watch Video Success Stories:

https://www.brewbilt.com/success-stories

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

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

Source: BrewBilt Manufacturing Inc.

FAQ

What production expansion efforts is BrewBilt Manufacturing undertaking?

BrewBilt is entering production with four new jobs valued at approximately $3.4M and plans to add three more fabricators.

What is the expected revenue from private label beer for BrewBilt?

BrewBilt anticipates potential annual revenue of $7.2M from approximately 75 clients interested in private label beer.

When does BrewBilt plan to start brewing craft beer?

BrewBilt aims to start brewing craft beer by the fourth quarter of 2021.

How many new jobs has BrewBilt created in 2021?

BrewBilt has hired six new fabricators in 2021 and plans to hire three additional fabricators.