KITCHENER — Waterloo Brewing Ltd. has announced the three year extension and expansion of an existing co-manufacturing agreement with one of its long-term strategic partners. This agreement will result in an estimated revenue of $10 million per year.
This new agreement is a three-year extension and expansion of an original co-manufacturing agreement.
“The extension and expansion of our current co-manufacturing agreement for another three years reaffirms the strength of our long-term partnerships and reaffirms our desire to be co-manufacturing partner of choice within the Canadian beverage industry,” said George Croft, President and CEO, Waterloo Brewing.
This new extension and expansion will include the production of ready-to-drink products in Canada.
Source: www.canadianmanufacturing.com