The Alkaline Water Company Enters New Co-Packing Partnership With New York Facility
Portfolio Pulse from Happy Mohamed
The Alkaline Water Company Inc. (NASDAQ:WTER) has announced a new co-packing partnership with A1 Beverages (OTC:AWON) in New York. The partnership aims to support the growth of the Alkaline88® brand in the northeastern region of the United States and reduce outbound shipping costs. A1 Beverages has recently completed a new packaging and bottling production line and plans to further expand capacity in 2024.
August 04, 2023 | 11:17 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
A1 Beverages' partnership with The Alkaline Water Company could lead to increased production and potential growth.
The partnership with The Alkaline Water Company could lead to increased production for A1 Beverages, which could potentially drive growth for the company. This is likely to have a positive impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
The Alkaline Water Company's partnership with A1 Beverages is expected to support the growth of its Alkaline88® brand and reduce shipping costs.
The partnership with A1 Beverages will increase The Alkaline Water Company's production capacity and reduce shipping costs, which could lead to increased profitability. This is likely to have a positive impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100