BrewBilt Brewing Co. Begins Construction of Craft Brewery Facility
BrewBilt Brewing Company (OTCPINK: BRBL) has announced the start of construction on its new 7,000-square foot brewery in Grass Valley, California. Assigned to Bozarth Construction, this facility will enable BrewBilt to launch craft beer sales across California and beyond. The Phase I plans include a 20-bbl brewhouse with an annual production capacity of at least 4,000 bbls, projecting potential revenues of $3.5 million. The company focuses on producing craft lagers and ales, leveraging its industry veteran production staff.
- New brewery construction commenced in Grass Valley, expanding market presence.
- Projected annual production capacity of 4,000 bbls with potential revenue of $3.5 million.
- None.
Grass Valley, CA, Feb. 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Today BrewBilt Brewing Company (the "Company") (OTCPINK: BRBL) announced that it has commenced construction of its new commercial brewery space in Grass Valley, California.
CEO Jef Lewis stated, "The Company has assigned the construction project to Bozarth Construction which will begin work immediately. The approximately 7,000-square foot building will allow BrewBilt to launch craft beer sales throughout California and beyond.”
Mr. Lewis further stated, "The plans for our Phase I brewery include a 20-bbl brewhouse capable of producing at least 4,000 bbls annually with a revenue potential of
Follow us on Twitter (@BrewBiltBrewing) and Instagram (@BrewBilt_Brewing)
ABOUT BREWBILT BREWING COMPANY: (http://www.brewbiltbrewing.com)
Located in the Sierra Foothills of Northern California, BrewBilt Brewing Company is in the process of completing its brewing facility and obtaining permits that will allow it to brew craft lagers and ales with a particular focus on European-style lagers. The Company intends to offer its own lineup of craft beers as well as private label and contracting brewing services. BrewBilt Brewing grew out of BrewBilt Manufacturing Inc., an iconic company that has been handcrafting custom breweries and fermentation systems since 2014. BrewBilt Brewing's production staff consists of industry veterans that will use high quality brewing equipment and ingredients to deliver outstanding craft beer to California and beyond.
FORWARD-LOOKING STATEMENTS: This press release 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 Company's ability to effectively execute its business plans; unforeseen construction delays; the Company's need for additional capital; changes in general economic and financial market conditions; changes in the competitive environment; litigation; losses, customer bankruptcy, claims and assessments; and regulatory or legislative requirements affecting the Company's business. Management may elect to update forward-looking statements at some future point; however, it specifically disclaims any obligation to do so.
Contact:
Jef Lewis, CEO
BrewBilt Brewing Company - BRBL
(530) 802-0036
Source: BrewBilt Brewing Company
FAQ
What recent construction project did BrewBilt Brewing Company announce?
What is the projected annual production capacity of the new BrewBilt brewery?
What is the revenue potential stated by BrewBilt Brewing Company?
Who is responsible for the construction of BrewBilt's new brewery?
Where is BrewBilt Brewing Company's new brewery located?
