Gage Roads Brewing Company Limited
(ASX:GRB) has executed brewing agreements with two new customers and has already commenced production of new products for the company’s.
Gage Roads this week successfully completed its first production run for Duckstein Brewery Margaret River, comprising a ‘First Batch Pilsner’ in 500ml bottle format.
In March Gage Roads will commence production of two new products for San Miguel Yamamura Packaging Corporation, predominantly destined for export.
Gage says its capital expansion program is allowing it to enter new markets and attract new contract brewing customers .
The capital expansion program is designed to expand production capabilities to 3 million cartons annually by the 2015 financial year.
Gage Roads Brewing Company generated a net profit of $501 thousand in the 2012 financial year.
