Weber Inc. (“Weber” or “the Company”) (NYSE:WEBR), the global
leader in outdoor cooking innovation, technology, and products,
announced today it has officially opened its European-based
manufacturing and distribution hub. Weber’s new BREEAM-certified
facility, located in Zabrze, Poland, improves the Company’s ability
to meet fast-growing product demand within the Region. Weber will
celebrate the grand opening of this facility with an on-site
ribbon-cutting ceremony tomorrow, October 8, 2021, at 2:00 PM
CET.
“Our new manufacturing and distribution center marks an
important milestone in Weber’s global expansion and European
growth,” said Chris Scherzinger, Chief Executive Officer of Weber.
“A key element of our growth plans includes our
‘Make-Where-We-Sell’ strategy. This approach focuses on
manufacturing high-quality Weber barbecue products closer to our
retail customers and consumers, improving our delivery and service
speed. We also gain considerable efficiencies operationally and a
new level of flexibility to respond and react to local market
dynamics and needs.”
The center is the Company’s first manufacturing facility outside
the United States.
The Weber manufacturing team in Europe will produce high-quality
barbecue grills in the approximately 50,000-square-meter building.
The center also features a Weber Grill Academy Experience Center
and multiple green space areas for team members to enjoy. The Weber
Grill Academy Experience Center is a hands-on learning space
dedicated to the art and skill of barbecuing through culinary
classes, interactive chef’s tables, private parties, and corporate
team building events held virtually or in person.
“We appreciate the resilience and passion of our manufacturing
and supply chain teams in building this remarkable facility despite
the challenges of a global pandemic,” added Mr. Scherzinger.
“Through novel technologies like virtual reality and creative
approaches, our local team in Poland worked closely with our US
manufacturing leaders to navigate this facility's construction and
ensure every square meter of the plant was designed to tight
specifications. Further, we are deeply thankful for the support of
the City of Zabrze and the Katowice Special Economic Zone
throughout this project.”
Panattoni, a market leader in industrial real estate in Europe,
partnered with Weber as the developer on the Company’s European
manufacturing and distribution hub.
ABOUT WEBER INC.
Weber Inc., headquartered in Palatine, IL, is the world’s
leading barbecue brand. The Company’s founder George Stephen, Sr.,
established the outdoor cooking category when he invented the
original charcoal grill nearly 70 years ago. Weber offers a
comprehensive, innovative product portfolio, including charcoal,
gas, pellet and electric grills, smokers, and accessories designed
to help outdoor cooking enthusiasts discover what’s possible.
Earlier this year, the Company acquired June Life Inc., a smart
appliance and technology company, to accelerate the development of
its Weber Connect™ technology and digital products. Weber offers
its barbecue grills and accessories, services, and experiences to a
passionate community of millions across 78 countries.
Weber® is a registered trademark of Weber-Stephen Products LLC.
Weber Connect™ is a trademark of Weber-Stephen Products LLC.
FORWARD-LOOKING STATEMENTS
This press release contains various “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995, which represent Weber’s expectations or beliefs concerning
future events. In some cases, you can identify these statements by
forward-looking words such as “may,” “might,” “will,” “should,”
“expects,” “plans,” “anticipates,” “believes,” “estimates,”
“predicts,” “potential” or “continue,” the negative of these terms
and other comparable terminology. These forward-looking statements,
which are subject to risks, uncertainties and assumptions about us,
may include projections of our future financial performance, our
anticipated growth strategies and anticipated trends in our
business. These statements are only predictions based on our
current expectations and projections about future events. There are
important factors that could cause our actual results, level of
activity, performance or achievements to differ materially from the
results, level of activity, performance or achievements expressed
or implied by the forward-looking statements, including those
factors discussed in the section titled “Risk Factors” in our
Registration Statement (Registration No. 333-257824) on Form
S-1.
Our future results could be affected by a variety of other
factors, including uncertainty of the magnitude, duration,
geographic reach, impact on the global economy and current and
potential travel restrictions of the COVID-19 outbreak, the
current, and uncertain future, impact of the COVID-19 outbreak on
our business, growth, reputation, prospects, financial condition,
operating results (including components of our financial results),
and cash flows and liquidity, risks relating to any unforeseen
changes to or effects on liabilities, future capital expenditures,
revenues, expenses, earnings, synergies, indebtedness, financial
condition, losses and future prospects, the ability to realize the
anticipated benefits and synergies from business acquisitions in
the amounts and at the times expected, the impact of competitive
conditions, the effectiveness of pricing, advertising, and
promotional programs; the success of innovation, renovation and new
product introductions; the recoverability of the carrying value of
goodwill and other intangibles, the success of productivity
improvements and business transitions, commodity and energy prices,
transportation costs, labor costs, disruptions or inefficiencies in
supply chain, the availability of and interest rates on short-term
and long-term financing, the levels of spending on systems
initiatives, properties, business opportunities, integration of
acquired businesses, and other general and administrative costs,
changes in consumer behavior and preferences, the effect of U.S.
and foreign economic conditions on items such as interest rates,
statutory tax rates, currency conversion and availability, legal
and regulatory factors including the impact of any product recalls;
and business disruption or other losses from war, pandemic,
terrorist acts or political unrest.
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version on businesswire.com: https://www.businesswire.com/news/home/20211007005272/en/
INVESTOR RELATIONS CONTACTS: investors@weber.com Brian
Eichenlaub
MEDIA CONTACTS: media@weber.com Kristina Peterson-Lohman
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