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Arrowhead Water expands 15-litre business
Canada-based Arrowhead Water Products has now completed the conversion of the company’s product line from the traditional 18.9-litre (5 gallon) bottle to the new one way, bisphenol-A free, 15 litre PET bottle.
As part of this process, the company has been selling its 18.9-litre assets and equipment, 18.9-litre bottles and bottle deposit liabilities to various third parties in Alberta.
As a result of the conversion and sales, Arrowhead has reduced its liability for bottle deposits to approximately $50,000 in January, 2012 from $1,250,000 in January, 2010.
The company will continue to expand the distribution of its 15-litre bottles to retail accounts in Alberta.
The company also advises that it has now consolidated all of its production of bottled water to its Edmonton plant. It is working on providing a cross-docking solution for Southern Alberta in its Calgary plant as it continues to work towards a direct distribution shipping centre palated model (DC) in order to reduce shipping costs.
Arrowhead Water is Canada’s largest Canadian owned, publicly traded water company which is engaged in the production, sale and distribution of large format bottled drinking water. Arrowhead produces and delivers bottles of natural spring, reverse osmosis and pure distilled water to the Western Canadian retail and wholesale market.
Source: Arrowhead
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