Big Rock Brewery secures new multi-year co-pack agreement
By CNW Group Ltd.General
This agreement represents over $3.5 million in incremental annual revenue for the corporation
CALGARY, Alta, April 5, 2023 /CNW/ – Big Rock Brewery Inc. (TSX: BR) (“Big Rock” or the “Corporation“) is pleased to announce a new five-year co-pack agreement with a new partner at its Calgary brewery (the “Co-Pack Agreement“). Under the terms of the Co-Pack Agreement, the Corporation will produce various styles of beer and anticipates incremental revenue per annum of over $3.5 million.
“We’re excited to announce another co-pack agreement for the Corporation as Big Rock continues to focus on not only increasing the utilization of our facility, but in smoothing out our annual production curve as the majority of this volume will occur in the shoulder season of our fiscal year,” stated interim President and Chief Executive Officer Stephen Giblin. “The inception of this relationship is yet another strong testament to the capabilities of our people and our assets to produce complex, high-quality beverages at scale.”
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, licenced 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, Ont. Big Rock trades on the TSX under the symbol “BR”. For more information on Big Rock, visit www.bigrockbeer.com.
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