AL International (JCOF) Announces Expansion of Coffee Roasting Operations
AL International (JCOF) Announces Expansion of Coffee Roasting Operations
CLR Roasters Expands Plant, Production Capabilities and Distribution
SAN DIEGO--(BUSINESS WIRE)-- AL International, Inc. (OTC Pink: JCOF) (www.alintjcof.com), announces plant expansion of the company's wholly owned subsidiary, CLR Roasters, LLC. The company has reached terms on a new 10 year lease agreement to increase the size of the production and distribution facilities from 25,000 to 40,000 square feet. The new operating lease includes a first right of refusal for an additional 7,000 square feet.
This expansion includes an additional 3,500 square feet of office space to house CLR Roasters' ("CLR") expanding direct store distribution division, which is focusing on driving sales and gaining retail shelf space for the company's Café La Rica and Josie's Java House brands.
CLR has purchased another JB Burns 88 commercial grade coffee grinder and an additional 12 oz. packaging machine from OPEM, which will support its growing Private Label Business. The company has also contracted to custom build a state of the art espresso brick pack system, also from OPEM, to streamline their brick pack capabilities. The new packaging machine expands CLR's annual coffee bag production by 3 million units, while the brick pack system, planned to be installed in later this year, will expand CLR's annual production capabilities to 5 million units of its signature Café La Rica brand.
The Company has purchased additional equipment, including state of the art printers, which have been installed on production equipment to improve CLR's product traceability processes. The equipment is a necessary step in CLR's plan to become SQF certified by 2014.
Dave Briskie, AL International CFO and President of Commercial Operations, stated, "Our coffee roasting division is expanding ahead of schedule, as such it has become necessary to support this growth with additional capacity. We are investing just over $500,000 in new equipment and plant improvements at CLR Roasters. We expect this investment to support future growth and profitability within our roasting operations."
The company disclosed that the investment in equipment is being financed out of operating cash flows and current, already existing, credit facilities.
About AL International
AL International, Inc. (OTC Pink: JCOF) (www.alintjcof.com) is a fast-growing, innovative, multi-dimensional company that offers a wide range of consumer products and services, primarily through person-to-person selling relationships that comprise a "network of networks." The company also is a vertically-integrated producer of the finest coffees for the commercial, retail and direct sales channels. AL International was formed after the merger of Youngevity Essential Life Sciences (www.youngevity.com) and Javalution Coffee Company in the summer of 2011.
About CLR Roasters
CLR Roasters (www.clrroasters.com) was established in 2001 and is a wholly-owned subsidiary of AL International. CLR Roasters produces coffees under its own Cafe LaRica brand, as well as under a variety of private labels through major national sales outlets and to major customers. It also produces a unique line of coffees with health benefits under the JavaFit® brand.
About Youngevity Essential Life Sciences
Youngevity Essential Life Sciences (www.youngevity.com), headquartered in San Diego, CA, is a nutrition and lifestyle-related services company dedicated to promoting vibrant health and flourishing economics. Founded in 1997 by Drs. Joel Wallach, DVM, ND, and Ma Lan, MD, as AL Global, Inc., the company adopted the name Youngevity in 2006. Youngevity is the only direct selling company to have a qualified FDA Health Claim. Dr. Wallach's work has been published in more than 70 peer-reviewed and referenced scientific journals and books.
Safe Harbor Statement
This release includes forward-looking statements on our current expectations and projections about future events. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release based on new information, future events, or otherwise, except as required by law.
AL International, Investor Relations
John Zervas
800-982-3189 X 6509
KEYWORDS: United States North America California
INDUSTRY KEYWORDS:
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