Brick Brewing Announces Planned $3.5M Investment to its Hometown Brewery

Kitchener, Ontario – Brick Brewing Co. Limited (“Brick” or the “Company”) (TSX:BRB), Ontario’s largest Canadian-owned brewery, today announced plans to upgrade can line capacity at its Kitchener brewery. The $3.5M project will install a new can filler and pasteurizer and will bring annual canning capacity to approximately four hundred thousand hectoliters (hl).

“The project installation will be completed in May and we expect to see the upgraded can line operating at full capacity by the end of June,” noted Russell Tabata, Brick’s Chief Operating Officer.  “We will build inventory in advance of the project to ensure that there are no disruptions in our supply chain and we continue to meet our internal and customer’s production needs while the project is being implemented,” added Mr. Tabata.

“Each year we establish an operating plan that reflects the future needs of our business and our customers. This year’s capital plan ensures we continue to grow our canning capacity and capabilities for both our owner brands and our co-pack customers,” said George Croft, Brick Brewing President and Chief Executive Officer. “Our ongoing investments, along with the outstanding efforts of our employees, resulted in significant can volume growth this past year. The strength and condition of our brands today gives us the confidence that we will need additional canning capacity to meet the needs of our owner brands and co-pack customer brands.”

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