Westrock Coffee Company (Nasdaq: WEST) (“Westrock Coffee,” or
the "Company”), announced today the company hosted a groundbreaking
ceremony for its new, state-of-the-art, roasting to ready-to-drink
(RTD) facility in Conway, Arkansas. Company executives including
Westrock Coffee CEO and Co-founder, Scott Ford attended the event
that took place at 480 Exchange Avenue, Conway, Arkansas on
November 9, 2022. Charles Nabholz, Chairman Emeritus of Nabholz
Construction, a multi-service contractor leading the
refurbishments, also attended the groundbreaking ceremony.
“We are thrilled to start the renovations of Westrock Coffee’s
largest production facility,” said Scott Ford, Westrock Coffee CEO
and Co-founder. “As an industry leader, Westrock Coffee provides
beverage solutions to the most distinguished brands around the
world, and this new facility enables us to further our ability to
deliver the most innovative solutions to our customers in a variety
of formats.”
In addition, Joe T. Ford, Co-founder and Chairman of Westrock
Coffee said, “It is particularly meaningful to me to have the
nation’s largest roasting to ready-to-drink packaging facility in
Conway, my hometown. Starting these upgrades marks a significant
milestone in our company’s history to further accomplish our
mission.”
Once fully operational, the 524,000 square foot facility will be
the largest roasting to ready-to-drink (RTD) operation of its kind.
The facility will offer ample space for the development,
production, and distribution of our coffee, tea, and RTD products,
including ready-to-drink cans, glass bottles, multi-serve plastic
bottles, and bag-in-box (BiB) solutions. The space will also
incorporate a premiere product development lab, enabling the
Company to create, test, and produce new beverage solutions.
“Nabholz is proud to partner with Westrock Coffee on this
important project that will bring new employment opportunities to
the region,” said Charles Nabholz, Chairman Emeritus of Nabholz.
“We look forward to the road ahead and bringing this new facility
to life.”
The Conway facility is one of eight global Westrock sites
providing coffee, tea, flavors, extracts, and ingredients solutions
sourced from 35 origins around the world. Currently Westrock
provides over 20 million cups of coffee a day and is the number one
provider of coffee and tea to foodservice in the U.S. as well as a
leading coffee extracts supplier in RTD coffee.
About Westrock Coffee Company Westrock Coffee is a
leading integrated coffee, tea, flavors, extracts, and ingredients
solutions provider in the U.S., providing coffee sourcing, supply
chain management, product development, roasting, packaging, and
distribution services to the retail, foodservice and restaurant,
convenience store and travel center, CPG, non-commercial, and
hospitality industries around the world. With offices in 10
countries, the Company sources coffee and tea from 35 origin
countries. For more information, please visit
WestrockCoffee.com.
Forward-Looking Statements Certain statements in this
press release that are not historical facts are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, as amended from time to time. Forward-looking
statements generally are accompanied by words such as "believe,"
"may," "will," "estimate," "continue," "anticipate," "intend,"
"expect,” "should," "would," "plan," "predict,” "potential,"
"seem," "seek," "future," "outlook," and similar expressions that
predict or indicate future events or trends or that are not
statements of historical matters, but the absence of these words
does not mean that a statement is not forward-looking. These
forward-looking statements include, but are not limited to, certain
plans, expectations, goals, projections, and statements about the
benefits of the build-out of the Company's Conway, Arkansas
flavors, extracts and ingredients facility, the plans, objections,
expectations, and intentions of Westrock Coffee, and other
statements that are not historical facts. These statements are
based on information available to Westrock Coffee as of the date
hereof and Westrock Coffee is not under any duty to update any of
the forward-looking statements after the date of this communication
to conform these statements to actual results. These statements are
based on various assumptions, whether or not identified in this
communication, and on the current expectations of the management of
Westrock Coffee as of the date hereof and are not predictions of
actual performance. These forward-looking statements are provided
for illustrative purposes only and are not intended to serve as and
should not be relied on by an investor or others as, a guarantee,
an assurance, a prediction, or a definitive statement of fact or
probability. Actual events and circumstances are difficult or
impossible to predict and will differ from assumptions. Many actual
events and circumstances are beyond the control of Westrock Coffee.
These forward-looking statements are subject to a number of risks
and uncertainties, including, but not limited to, changes in
domestic and foreign business, market, financial, political, and
legal conditions; risks relating to the uncertainty of the
projected financial information with respect to Westrock Coffee;
risks related to the rollout of Westrock Coffee's business and the
timing of expected business milestones; the effects of competition
on Westrock Coffee's business; the ability of Westrock Coffee to
issue equity or equity-linked securities or obtain debt financing
in the future; the risk that Westrock Coffee fails to fully realize
the potential benefits of acquisitions or has difficulty
successfully integrating acquired companies; the availability of
equipment and the timely performance by suppliers involved with the
build-out of the Conway, Arkansas facility; the loss of significant
customers; and those factors discussed in Westrock Coffee’s
registration statement on Form S-1, which was initially filed with
the United States Securities and Exchange Commission (the “SEC”) on
September 20, 2022, under the heading “Risk Factors”, and other
documents Westrock Coffee has filed, or will file, with the SEC. If
any of these risks materialize or our assumptions prove incorrect,
actual results could differ materially from the results implied by
these forward-looking statements. There may be additional risks
that Westrock Coffee does not presently know, or that Westrock
Coffee currently believes are immaterial, that could also cause
actual results to differ from those contained in the
forward-looking statements. In addition, the forward-looking
statements reflect Westrock Coffee's expectations, plans, or
forecasts of future events and views as of the date of this
communication. Westrock Coffee anticipates that subsequent events
and developments will cause Westrock Coffee's assessments to
change. However, while Westrock Coffee may elect to update these
forward-looking statements at some point in the future, Westrock
Coffee specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as a
representation of Westrock Coffee's assessments as of any date
subsequent to the date of this communication. Accordingly, undue
reliance should not be placed upon the forward-looking
statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20221109005299/en/
Media: ICR for Westrock Coffee: WestrockPR@icrinc.com
Lucie Pathmann: lucie.pathmann@westrockcoffee.com
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