Partner facility in Knoxville, Tennessee to provide manufacturing,
coffee roasting and co-packing capabilities, and facilitate
distribution efforts to the Eastern
United States
PLANO,
Texas, May 11, 2022 /PRNewswire/ -- NuZee, Inc.
(NASDAQ: NUZE), a leading US producer and co-packer of single serve
coffee formats, today announced that it has entered into a
manufacturing agreement with a partner facility in Knoxville, Tennessee and is expanding its
manufacturing footprint to the Eastern
United States. With this partnership, NuZee expects to offer
a holistic coffee supply and manufacturing program to its existing
and new customers. These services may include coffee roasting and
non-single serve coffee product co-packing, in addition to the
single serve coffee formats NuZee manufactures today. This facility
is SQF and Organic certified.
"We are excited to enter into this partnership and have this new
partner facility complement our production facility portfolio. We
anticipate that this partner facility will manufacture our single
serve formats and expect it can also provide capabilities like
roasting and coffee co-packing to better serve our existing and new
customers that want a more holistic coffee program from NuZee. We
believe that East Coast customers can have easier access to this
manufacturing facility and get more efficient logistics with
shorter transportation and faster shipping times," says
Jose Ramirez, Chief Sales and Supply
Chain Officer at NuZee. "We believe that providing customers better
access to manufacturing facilities across the United States can help all of us be more
efficient, reduce cost of logistics and contribute to more
sustainable manufacturing practices, which is important to us. This
partnership can also better serve our customers who are eager to
get into the innovative single serve format category."
NuZee currently has manufacturing facilities in Vista, California, Plano, Texas and Seoul, Korea. The arrangement with this
partner facility in Knoxville,
Tennessee is also intended to be a part of the risk
management program, that is projected to further enhance
operational flexibility and certainty at times when there are
supply chain disruptions due to unforeseen circumstances such as
the COVID-19 pandemic or natural disasters.
For more information on how to work with NuZee, visit
www.mynuzee.com.
About NuZee Coffee
NuZee, Inc., (NASDAQ: NUZE), is a leading co-packing company for
single serve coffee formats that partners with companies of
all sizes to help them develop within the single serve and private
label coffee category. Providing innovative and eco-conscious
solutions with the flexibility and capacity for both small roasters
and large global brands, NuZee is revolutionizing the way single
serve coffee is enjoyed in the United
States. Through the brand's unique process, NuZee fulfills
every aspect of co-packing needs, from roasting and blending, to
packing and packaging. NuZee has production facilities in
the United States and Korea.
Forward-looking Statements
This press release contains forward-looking statements that are
made pursuant to the safe harbor provisions within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. NuZee
cautions you that such statements are simply predictions and actual
events or results may differ materially. These statements reflect
NuZee's current expectations and NuZee does not undertake to update
or revise these forward-looking statements, even if experience or
future changes make it clear that any projected results expressed
or implied in this or other NuZee statements will not be realized.
Further, these statements involve risks and uncertainties, many of
which are beyond NuZee's control, which could cause actual results
to differ materially from the forward-looking statements. These
risks and uncertainties, many of which are beyond our control,
include: NuZee's plan to obtain funding for its operations,
including funding necessary to develop, manufacture and
commercialize its products; the impact to NuZee's business from
COVID 19, including supply chain interruptions; general market
acceptance of and demand for NuZee's products; NuZee's reliance on
third-party roasters to roast and blend coffee beans necessary to
produce its products and provide its co-packing services; the
fact that certain of NuZee's single serve coffee products are
expected to be manufactured, processed and packaged for NuZee by
its new partner on a purchase order basis pursuant to the agreement
between the parties; and NuZee's commercialization, marketing and
manufacturing capabilities and strategy; for description of
additional factors that may cause NuZee's actual results,
performance or expectations to differ from any forward looking
statements, please review the information set forth in the 'Risk
Factors' and " Management's Discussion and Analysis of Financial
Condition and Results of Operations" sections of the NuZee's public
reports and NuZee's other filings made with the SEC.
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SOURCE NuZee, Inc.