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Bang Energy, a US manufacturer of energy drinks and sports nutrition products, has announced it has spent $52 million to acquire a new 400,000 sq ft manufacturing and distribution facility in Phoenix, AZ in order to expand capacity.
The new factory will manufacture products for a range of brands in the Bang Energy portfolio, including Stoked, Bang Keto Coffee, Redline, as well as its latest launch Bang Miami Cola.
Bang Energy CEO & CSO Jack Owoc said the firm ultimately planned to invest $250 million in Phoenix, adding that the city was chosen in part due to the presence of the company’s primary US distributor Hensley Beverage.
The new Phoenix facility will complement Bang Energy’s forthcoming 847,577 sq ft manufacturing and distribution facility and world headquarters in Pembroke Pines, FL, the company added.
Source: Bang Energy (via Globe Newswire)
