Highlights:
- The previously announced new can line, which increases
packaging capabilities and brings total packaging capacity in
Calgary up to 1.4 million
hectoliters per year, was commissioned on November 15, 2021;
- The flexibility to package various can formats at can line
speeds of 200 to 850 cans per minute allows the business to offer
co-packing services to a wider array of potential customers;
- Installation of tunnel pasteurization provides greater
consistency and quality of finished goods and supports future
innovation as consumer demand continues to shift to
'better-for-you', non-alcoholic, 'ready-to-drink', and seltzer
product offerings; and
- Despite the delays due to the global supply chain constraints,
this complex project remained on budget.
CALGARY, AB, Nov. 17, 2021 /CNW/ - Big Rock
Brewery Inc. (TSX: BR) ("Big Rock" or the
"Corporation") is pleased to announce the
successful commissioning of the new can line in Calgary that was previously announced in
February of 2021 and is an initial step in the Corporation's long
term strategic growth plan. The installation of the new can line,
which includes tunnel pasteurization, provides the Corporation with
greater packaging capabilities at high speed, improved consistency,
and the ability to drive greater efficiencies at the Calgary facility, long term.
"We are excited by the additional capabilities and capacity that
this canning line provides as it enables us to transition to the
'Fill up' phase of our long term strategic plan in 2022," stated
Wayne Arsenault, Chief Executive
Officer, "Big Rock has a history of innovation that is deeply
embedded in its roots, and this investment upholds that tradition
and further reinforces our Calgary
facility's reputation as a premier production and packaging
facility in Western Canada."
Forward-Looking Information
Certain statements contained in this news release constitute
forward-looking statements. These statements relate to future
events or Big Rock's future performance. All statements, other than
statements of historical fact, may be forward-looking statements.
Forward-looking information are not facts, but only predictions and
generally can be identified by the use of statements that include
words or phrases such as, "anticipate", "believe", "continue",
"could", "estimate", "expect", "intend", "likely" "may", "project",
"predict", "propose", "potential", "might", "plan", "seek",
"should", "targeting", "will", and similar expressions. These
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking
statements. Big Rock believes that the expectations reflected in
those forward-looking statements are reasonable but no assurance
can be given that these expectations will prove to be correct and
such forward-looking statements included in this news release
should not be unduly relied upon by readers, as actual results may
vary materially from such forward-looking statements. These
statements speak only as of the date of this news release and are
expressly qualified, in their entirety, by this cautionary
statement. In particular, this news release contains
forward-looking statements pertaining to the anticipated packing
capabilities and benefits of the of the new can line, Big
Rock's ability to drive greater efficiencies in its Calgary facility, and Big Rock's ability to
implement the next phase of its long term strategic plan.
With respect to the forward-looking statements listed above and
contained in this news release, management has made assumptions
regarding, among other things, the demand for additional packaging
capacities and capabilities and the results of the use thereof.
Some of the risks which could affect future results and could
cause results to differ materially from those expressed in the
forward-looking information and statements contained herein include
the risk factors set out in the Corporation's annual information
form and also include, but are not limited to, the risk that
managements assumptions in respect of the new can line, including
regarding the potential customer base therefore and the benefits
thereof, will not be correct.
Readers are cautioned that the foregoing list of assumptions and
risk factors is not exhaustive. The forward-looking information and
statements contained herein are expressly qualified in their
entirety by this cautionary statement. The forward-looking
information and statements included in this news release are made
as of the date hereof and Big Rock does not undertake any
obligation to publicly update such forward-looking information and
statements to reflect new information, subsequent events or
otherwise unless so required by applicable securities laws.
About Big Rock Brewery Inc.
In 1985, Ed McNally founded Big
Rock to contest the time's beer trends. Three bold,
European-inspired offerings – Bitter, Porter and Traditional
Ale – forged an industry at a time heavy on easy drinking
lagers and light on flavour. Today, our extensive portfolio of
signature beers, ongoing seasonal offerings, six ciders (Rock
Creek Cider® series), custom-crafted private label products and
other notable, licensed
alcoholic beverages keeps us at the forefront of the craft beer revolution and still proudly contesting the beer and alcoholic
beverage trends of today. Big Rock has brewing operations in
Calgary, Alberta, Vancouver,
British Columbia, and Toronto, Ontario. Big Rock trades on the TSX under the symbol "BR". For more information on Big Rock visit www.bigrockbeer.com.
SOURCE Big Rock Brewery Inc.