1812 Brewing Company Inc. (OTC:KEGS) Stock In Watchlist Following Major News
In recent times, craft beer company investors and operator 1812 Brewing Company Inc. (OTC:KEGS) have made considerable progress, and yesterday it made a major new announcement. The company is focused on the development of a network of craft breweries spread across the United States. On December 18, the company announced that it had inked a contract with e-commerce solutions firm Liquid Rails, along with Torch & Crown, in the capacity of a fulfillment partner.
The arrangement had been made for the purpose of shipping the company’s beers to more than 45 states and the District of Columbia. 1812 Brewing Company revealed that the War of 1812 Amber Ale, Helles Bells Lager, Thousand Islands IPA, and Route 11 Lager would all be made available with immediate effect for pre-orders. The company also announced that customers would be able to place pre-orders of its beers through a direct link on the 1812 Brewing Company website bearing the heading ‘Order beers online here’.
In the news release, it was noted that as soon as the products hit the New York City-based warehouse of Torch & Crown, they could be purchased by customers and shipped to 45 states in addition to Washington, DC. Tom Scozzafava, the Chief Executive Officer and Chairman of 1812 Brewing Company, spoke about the development as well.
He stated that throughout his association with the company, he had witnessed the demand for its products go beyond the actual reach of 1812 Brewing Company. However, the task of distributing its products through the regular three-tier distribution networks would not only be expensive and time-consuming but also futile. The deal with Liquid Rail would provide the company with access to an e-commerce platform that would allow 1812 Brewing Company to ship its products across the country with far more ease.
