SodaStream Announces the Groundbreaking of a New Primary Manufacturing Facility
Additional new secondary production site already active
AIRPORT CITY, Israel – July 6, 2011 – SodaStream International Ltd. (NASDAQ: SODA), a leading manufacturer and distributor of home beverage carbonation systems, today announced that on Wednesday, July 6th, the Company will break ground on a new 850,000 square-foot manufacturing facility in Israel. The new primary site is expected to go live during 2013 at an approximate cost of €30 million. This state-of-the-art facility will be the anchor project of a new industrial park near the southern town of Beersheba. Attendees expected at the groundbreaking include Silvan Shalom, Vice Prime Minister of Israel, along with other members of the government.
“The demand for our products is increasing, and we continue to take steps to ensure that we are ahead of capacity to meet that demand,” stated Daniel Birnbaum, CEO of SodaStream. “SodaStream is deeply grateful for the cooperation from the government of the State of Israel. We look forward to leveraging the outstanding engineering talent here, the free trade agreements with the EU and North America, and to providing thousands of new jobs as our business continues to grow.”
SodaStream currently has 13 production facilities worldwide, including a new one in the Galilee town of Alon Tavor that went live on June 26th, 2011, four weeks ahead of schedule. This facility is already manufacturing a full range of soda-makers and related products for markets such as France, Sweden, Switzerland and the US. Additional machinery will be added to another Galilee site in Kiryat Shemona later this summer. Both facilities are intended to bridge capacity needs while the primary facility is under construction.
“SodaStream is a symbol of Israeli innovation and creativity,” stated Vice Prime Minister Silvan Shalom. “The Company’s choice to build here is a declaration of confidence in the strength and stability of Israel’s economy. This is a meaningful step in the development of the Negev region, which is rich in high-quality human capital, and we invite other companies to join SodaStream and take advantage of the infrastructure and growth opportunity in the Negev.”
About SodaStream
SodaStream manufactures home beverage carbonation systems, which enable consumers to easily transform ordinary tap water instantly into carbonated soft drinks and sparkling water. Soda makers offer a highly differentiated and innovative solution to consumers of bottled and canned carbonated soft drinks and sparkling water. Our products are environmentally friendly, cost effective, promote health and wellness, and are customizable and fun to use. In addition, our products offer convenience by eliminating the need to carry bottles home from the supermarket, to store bottles at home or to regularly dispose of empty bottles. Our products are available at more than 40,000 retail stores in 41 countries around the world. For more information on SodaStream, please visit the Company’s website: www.sodastream.com.
Company Contact:
Yonah Lloyd
Executive Director
Corporate Development and Communication
Phone: +972-3-976-2462

