NuZee And Farmer Brothers Announce Manufacturing Partnership

NuZee, Inc.

PR86454

 

PLANO, Texas and NORTHLAKE, Texas, Nov. 5, 2020 /PRNewswire=KYODO JBN/ --

 

NuZee, Inc. (d/b/a Coffee Blenders(R)) (NASDAQ: NUZE) ("NuZee" or "the

Company"), a leading U.S. producer of specialty single serve pour-over pouches

and tea bag coffee pouches, and Farmer Bros. Co. ("Farmer Brothers"), today

announced a strategic partnership under which Farmer Brothers will provide

access to manufacturing capacity as NuZee continues to roll out innovative

coffee and tea products in the U.S.

 

Photo - https://mma.prnewswire.com/media/1327467/FARM_Plant_exterior.jpg 

Photo - https://mma.prnewswire.com/media/1327466/FARM_Plant_Interior.jpg 

Logo - https://mma.prnewswire.com/media/886568/NuZee_Logo.jpg 

 

Under the agreement, NuZee may place up to 50 co-packing machines in Farmer

Brothers' 500,000 square foot, SQF-certified, zero waste facility in Northlake,

Texas.  These machines would ultimately have the capacity to produce up to 300

million single serve tea bag, coffee pouches and pour over drip cups. By pairing

Farmer Brothers' sophisticated manufacturing and distribution capability with

NuZee's technical expertise and products with proven demand in Asia, the partnership

is expected to accelerate the scale-up in the U.S. and efficient delivery of NuZee's

innovative products to coffee companies and branded businesses.

 

Masa Higashida, President and CEO of NuZee, said, "I am very excited to have

Farmer Brothers as our manufacturing partner and believe by combining our

expertise and capabilities we will be able to change the way single serve

coffee is enjoyed in America.  Our partnership features a shared commitment to

sustainable practices that I believe will resonate with NuZee's direct

customers and consumers across the nation as they continue to look for

environmentally friendly and convenient ways to enjoy the products they love.  

Farmer Brothers' leadership vision aligns well with ours, and together, I

believe we will be able accomplish our goals."

 

Deverl Maserang, Farmer Brothers President and CEO said, "We are delighted to

partner with NuZee in helping to scale their innovative products and

well-recognized brands in the U.S. By leveraging our manufacturing and

distribution capabilities the agreement provides Farmer Brothers with

incremental cost leverage and upside opportunity as NuZee builds its success in

the U.S.  Partnering with NuZee also is consistent with our demonstrated

commitment to sustainable sourcing, production and distribution of

environmentally conscious products."

 

Farmer Brothers' Northlake, Texas facility sits on over 28 acres and is located

strategically to nearby shipping ports and key distribution routes, allowing

for very efficient movement of inbound raw materials and outbound finished

goods for both companies.  Farmer Brothers reputation for sustainability aligns

with NuZee's goal to provide an eco-friendly alternative to the single cup capsule.

 

About NuZee and Coffee Blenders

 

NuZee, Inc. (d/b/a Coffee Blenders(R)) is a specialty coffee company and a

leading U.S. single-serve pour-over coffee producer and co-packer. We own

sophisticated packing equipment developed in Asia for single serve pour over

and tea bag coffee production. We co-pack single-serve pour-over coffee

products for customers in the U.S. market and have a subsidiary in Seoul Korea

where we manufacture drip cup coffee and tea bag coffee for the Asian market.

Our California production facility is an SQF level 2 and Organic certified

coffee production and packaging facility.

 

About Farmer Brothers

 

Founded in 1912, Farmer Bros. Co. is a national coffee roaster, wholesaler and

distributor of coffee, tea and culinary products. The company's product lines

include organic, Direct Trade and sustainably produced coffee. With a robust

line of coffee, hot and iced teas, cappuccino mixes, spices, and baking/biscuit

mixes, the company delivers extensive beverage planning services and culinary

products to its U.S. based customers. The company serves a wide variety of

customers, from small independent restaurants and foodservice operators to

large institutional buyers like restaurant and convenience store chains,

hotels, casinos, healthcare facilities, and gourmet coffee houses, as well as

grocery chains with private brand coffee and consumer branded coffee and tea

products, and foodservice distributors.

  

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. Statements that are not historical facts, including

statements regarding expectations, hopes, intentions or strategies regarding

the future are forward-looking statements. NuZee cautions you that such

statements are only 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: the effects of the COVID-19 pandemic on

our operations and general economic conditions, general market acceptance of

and demand for our products, and our need for substantial additional funds. For

a 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 other

sections of the Company's public reports filed with the SEC.

 

Source - NuZee, Inc.

 

CONTACT: NuZee Investor Relations, Shanoop Kothari, Vice President, Chief

Financial Officer & Chief Operating Officer, (713) 530-7688,

shanoop@coffeeblenders.com, Farmer Brothers Investor Relations, Ellipsis, Jeff

Majtyka & Kyle King, Investor.relations@farmerbros.com, (646) 776-0886

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