PORTLAND, Ore.--(BUSINESS WIRE)--Eastside Distilling, Inc. (NASDAQ: ESDI), a producer of award-winning craft spirits, today announced the launch of the Company’s new canning line of Ready-to-Drink (RTD) products, primarily designed for the wine and pre-mixed alcoholic drink industry. The custom built canning line is designed to produce Ball Corporation’s (NYSE: BLL) popular "slim can" in 187ml, 200ml and 250ml sizes, with 250ml being equal to approximately 8.45 ounces. The canning line is under the operation of Eastside’s subsidiary, Motherlode Craft Bottling.
The launch of the Motherlode RTD canning line will provide private label clients of Motherlode with new and innovative ways to attract and retain customers, while also extending Eastside’s reach of its own award-winning craft spirits with customized cocktails. The canning line is able to can both RTD cocktails and wine. The RTD spirit and wine segment has seen significant growth over the last few years with new entrants and innovation, primarily due to a new wave of consumers seeking convenient alternatives to fit their active lifestyles. Motherlode’s new RTD canning line will benefit time-constrained customers that are increasingly looking for high-quality, convenient, immediate drink solutions with more sophisticated flavors. The RTD products deliver quality without the trouble of purchasing the individual ingredients required to prepare that perfect mixed cocktail.
Allen Barteld, CEO of Motherlode, commented, “We have taken delivery of on our new state-of-the-art RTD canning line. Our team is running trials on our new line. It seems to be running flawlessly on test beverages and, though we are happily having such things of water, we are looking forward to putting it to work doing its job for our customers and their beverages.”
Mr. Barteld added, “We are excited to begin processing orders. Motherlode has had a private label presence in the Northwest for a number of years, primarily focused on the bottled spirits market. The introduction of a RTD canning line will extend our reach into a new fast-growing market segment and diversify our customer base. As one of the few bottlers in the western U.S. that has this canning capability for third party applications, we are excited to start processing our initial orders.”
About Eastside Distilling
Eastside Distilling, Inc. (NASDAQ: ESDI) is located in Southeast Portland's Distillery Row, and has been producing high-quality, master crafted spirits since 2008. Makers of award winning spirits, the company is unique in the marketplace and distinguished by its highly decorated product lineup that includes Barrel Hitch American Whiskies, Burnside Bourbon, Below Deck Rums, Portland Potato Vodka, and a distinctive line of infused whiskeys. All Eastside spirits are master crafted from natural ingredients for unparalleled quality and taste. The company is publicly traded under the symbol NASDAQ: ESDI. For more information visit: www.eastsidedistilling.com or follow the company on Twitter and Facebook.
Important Cautions Regarding Forward-Looking Statements
Certain matters discussed in this press release may be forward-looking statements. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in obtaining new customers; the Company's success in product development; the Company's ability to execute its business model and strategic plans; the Company's success in integrating acquired entities and assets, and all the risks and related information described from time to time in the Company's filings with the Securities and Exchange Commission ("SEC"), including the financial statements and related information contained in the Company's Annual Report on Form 10-K and interim Quarterly Reports on Form 10-Q. Examples of forward-looking statements in this release may include statements related to our strategic focus, product verticals, anticipated revenue, and profitability. The Company assumes no obligation to update the cautionary information in this release.