Farmer Bros. Co. Publishes New Investor Presentation and Fact Sheet on Northlake, Texas Coffee Processing Facility
The new investor presentation highlights how
Key
- Receipt of Safe Quality Food (SQF) Certification for coffee processing facility in
March 2018 . SQF is a Global Food Safety Initiative-based system that strengthens Farmer Bros.’ commitment to supplying safe, quality coffee products and compliance with food safety legislation. The initial term of the certification is for a 12-month period after which the Company expects to apply for recertification on an ongoing basis. The certification builds on the Company’s strong record of SQF scores at its coffee processing facilities inHouston, Texas andPortland, Oregon .
- Increases company’s total potential coffee roasting capacity to more than 200 million pounds per year.
Northlake can store 400 containers – 16 million pounds – of coffee, has three state-of-the-art roasters and adds one mile of coffee conveyors toFarmer Bros . The coffee processing facility can produce enough coffee to provide the equivalent of approximately one million cups of coffee per day.
- Expands distribution capabilities. Northlake’s world-class distribution center is over 315,000 square feet, features more than 23,000 pallet spots, and is currently responsible for 15,000 annual shipments to customers by both truck and rail.
- An annual run rate of six million pounds of green coffee roasted and packed by the end of fiscal year 2018.
As previously announced, Farmer Brothers will present at the 30th Annual
About
Founded in 1912,
Headquartered in
Forward-looking Statements
Certain statements contained in this press release are “forward-looking statements” within the meaning of federal securities laws and regulations. These statements are based on management's current expectations, assumptions, estimates and observations of future events and include any statements that do not directly relate to any historical or current fact. These forward-looking statements can be identified by the use of words like “anticipates,” “estimates,” “projects,” “expects,” “plans,” “believes,” “intends,” “will,” “could,” “assumes” and other words of similar meaning. Owing to the uncertainties inherent in forward-looking statements, actual results could differ materially from those set forth in forward-looking statements. The Company intends these forward-looking statements to speak only at the time of this press release and does not undertake to update or revise these statements as more information becomes available except as required under federal securities laws and the rules and regulations of the
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Source: Farmer Bros. Co.