LITTLE ROCK, Ark., Aug. 09, 2023 (GLOBE NEWSWIRE) --Westrock Coffee Company (Nasdaq: WEST) (“Westrock Coffee” or the “Company”) today reported financial results for the second quarter ended June 30, 2023 and announced the closing of the upsized $118.8 million common stock equity raise originally disclosed on June 30, 2023 and July 18, 2023.
Who We Are
At Westrock Coffee Company, we are dedicated to consumer insights and beverage innovation to create better products that support a better planet. We are the leading company within our industry providing efficient operations, traceable sourcing, and in-house expertise to support our blue chip customers' evolving coffee, tea, flavors, extracts, and ingredients needs on a global scale. Our dedication to quality, data-driven insights, and transparency throughout the entire supply chain provides tangible tools our clients rely on to support their ever-changing product and beverage solution demands.
Our Mission
At Westrock Coffee Company, our goal is to build and efficiently operate the preeminent integrated coffee, tea, and extracts supply chain in the world.
Our Purpose
We aim to be the world's most competitive provider of beverage solutions to the most distinguished brands in order to provide smallholder farmers and their families in developing countries the ability to advance their quality of life and economic well-being.
Where Our Company Started & Where We're Going
Westrock Coffee Company began by partnering on-location with independent coffee farmers in East Africa and the belief that growth is an inevitable byproduct of investments in infrastructure, farmer development, product and supply chain innovation, and technological advancement. Our hands-on approach to working with our farmer partners has led us to improving economic, environmental, and social standards for people around the world while expanding our offerings to our customers.
Today, we supply customers across five continents with products and solutions to ensure the beverages we offer support their demands, the farmer with whom we partner, and all involved throughout the supply chain. Based on this model and a strategic approach, our company has enhanced efficiencies, increased our unique product sets, and expanded globally in order to improve the lives of farmers in 35 origin countries, and fuel the success of our valued customers.
The Growth of Westrock Coffee
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2009
Westrock Coffee Company inception in Rwanda
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2010
Westrock Coffee Roasting opens in Little Rock, AR
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2014
Acquires Falcon Coffees to expand traceability and sustainability into 20+ countries
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2016
Establishes transparent supply chains from Latin America
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2018
First digitally traceable coffee container ships from Rwanda to USA
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2019
First transaction through IBM Food Trust®, built on blockchain, from Colombia to USA
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2020
Acquisition of S&D Coffee & Tea
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2021
Expand operations in Malaysia, Arkansas, & North Carolina
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2022
Publically listed on the Nasdaq under the ticker symbol "WEST"
-
2010
Westrock Coffee Roasting opens in Little Rock, AR
-
2016
Establishes transparent supply chains from Latin America
-
2019
First transaction through IBM Food Trust®, built on blockchain, from Colombia to USA
-
2021
Expand operations in Malaysia, Arkansas, & North Carolina
-
2009
Westrock Coffee Company inception in Rwanda
-
2014
Acquires Falcon Coffees to expand traceability and sustainability into 20+ countries
-
2018
First digitally traceable coffee container ships from Rwanda to USA
-
2020
Acquisition of S&D Coffee & Tea
-
2022
Publically listed on the Nasdaq under the ticker symbol "WEST"
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