RE: NuZee Establishes Korea Subsidiary To Strengthen Presence In Asia-Pacific
VISTA, CA -- NuZee Inc. said it has established a new, wholly owned subsidiary called NuZee Korea Ltd. that will manage sales, marketing and associated activities for its Coffee Blenders line of "Drip Cup" functional coffees throughout Asia.
NuZee Korea has commenced construction of a new 3,600-sq.ft. manufacturing facility in Paju City, Korea. The facility will manufacture NuZee's line of single-serve, pour-over functional "Drip Cup" coffee. It will also provide the infrastructure necessary to allow NuZee Korea to engage in co-packing activities for Asia coffee brands. The company expects construction of the facility to be completed in June.
The company has been selling Coffee Blenders products in South Korea since 2015. "NuZee Korea will be our first manufacturing facility outside of the United States, and joins our Japan subsidiary, which we established in December 2013," said NuZee chief executive Masa Higashida. "Together, these operations will allow us to better serve existing customers in China, Japan and Korea, while providing the necessary resources to pursue new clients throughout Asia."
Higashida noted that the Drip Cup is a common and popular brewing method in Asia. The market in Japan alone is estimated to be approximately 2.3 billion cups per year....