Iconic Brands is expanding its TopPop facility to meet growing demand for flexible packaging in the beverage sector. It expects to have the capacity to make at least 150 million ice pops and cocktail drink products, three times the number of units produced this year.
It said it expects to be able to product 150,000 flexible stand-up cocktail packages a day, including shots. And it plans to add a custom plastic bottling line in the 2022 third quarter.
Iconic also recently received Alcohol & Tobacco Tax & Trade Bureau (TTB) approval to manufacture wine, malt and spirits and to do custom product blending in-house at its newest facility in Pennsauken, N.J. The new facility is expected to begin production early in the first quarter of 2022 and reach its full potential production capacity by the end of the quarter.
“Our investment in the new TopPop facility, which we expect to result in increased capacity beginning in the first quarter of 2022, is ahead of schedule and we expect it to scale well throughout the year for a strong ROI,” said Iconic Chief Executive Officer. “We just reported our strongest quarter in the Company’s history, and our customer base is taking notice and continues to grow, demonstrating increasing demand for TopPop’s innovation in product creation and efficient packaging solutions. We believe that TopPop is now well positioned to boost Iconic to record revenue growth in 2022.”