ATLANTA, May 7, 2021 /PRNewswire/ -- StarWalker
Industries, Inc. (SWI) today announced it is seeking
$4.6 million to build the first
Black-owned, closed-loop bottled water plant in the United States. The company kicks off its
equity crowdfunding campaign for the public today on Wefunder.
SWI is a bottled water distribution, manufacturing and recycling
company that has packaged and sold its emerging brands, Positivity
Alkaline Water and Integrity purified and spring waters, nationally
since 2014. Now, the company is building a unique, state-of-the-art
bottled water production, with a paid bottle return recycling
system, in the heart of Atlanta.
Partnering with world-renowned engineers, the plant will
produce 32 million, 3 liter, 100 percent recyclable bottles a year.
The capacity will be enough to service more than 200,000
Atlanta households annually.
SWI is tapping into a burgeoning industry at a time when health
and environmentally conscious consumers are accelerating the
bottled water market. According to recent Grand View Research, the
market is expected to expand at a compound annual growth rate of
11.1 percent globally from 2021 to 2028. Terms of the StarWalker
investment can be found on its Wefunder page. SWI's Founder and CEO
David M. Walker, Esq. hopes African
Americans will take advantage of this opportunity as an investment
for themselves, families and communities.
"Black people spend more than $800
million annually on bottled water but don't have a seat at
the table," said Walker. "Not only do we want to create an
opportunity for the community to take ownership in our company, we
also want to take ownership of producing and recycling bottled
water locally to reduce the environmental impact of waste which
traditionally affects Black neighborhoods and our people at
disproportionate rates."
Walker's vision of African Americans building and owning their
own water plant and recycling at the same facility is an
inspiration that came to him six years ago, when he first visited a
bottled water plant. He looked at current plants and knew
efficiencies were necessary to help communities produce and sell
their water locally.
"Ever since I walked into that first plant, I have been on a
mission to build an efficient production and recycling facility for
Black communities. Now, I want to invite the public to take the
journey with me."
StarWalker Industries' "micro" bottling plant will require only
a small 50,000 square foot footprint, which creates an easy model
to expand and build in metropolitan areas across the nation.
Walker plans to build more plants in the U.S., including
Flint, Mich., near his hometown,
Detroit, shortly after the
completion of the Atlanta
site.
Community Benefits
While African Americans make up 14
percent of the total U.S. population, they spend upwards of
$810 million annually on bottled
water – which equates to 15 percent of the overall market
share, according to Nielsen. Walker wants to ensure African
Americans can also benefit financially from that expenditure by
taking ownership stake in the company which is primed for
tremendous growth.
Last year, famed music producer, real estate investor and "The
Breakfast Club" co-host/media personality DJ Envy was gifted an
investment in SWI's Positivity Alkaline Water by his wife
Gia Casey. Less than a year later,
DJ Envy lends his voice in support of StarWalker's mission to build
its first plant.
"I'm inspired by David's vision for creating space for Black
people to gain ownership in the bottled water industry," said DJ
Envy. "We share a collective desire to empower our community not
only through education, but by breaking down the barriers that
prevent us from creating wealth."
Consumers interested in learning more about StarWalker
Industries, and view the investor summary, can visit
invest.starwalkerindustries.com.
About StarWalker Industries
Atlanta-based StarWalker Industries (SWI) is a
bottled water distribution, manufacturing and recycling company.
Its brands Positivity Alkaline Water®, and
Integrity® purified and spring water are sold
nationwide. Positivity Alkaline Water is available in CitiTrends
locations across the U.S., as well as in Atlanta Hartsfield-Jackson
Airport. To date, SWI has sold over 500,000 cases of water. Its
mission is to change the way people think about bottled water. For
more information and to order Positivity or Integrity, please visit
https://starwalkerindustries.com.
Media Contact:
Desirae A. Jones
PRecise Communications646.895.3774
desirae@precisecomm.net
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SOURCE StarWalker Industries