Reed’s, Inc (REED) Announces Virgil’s Root Beer will be “On Tap”
Reed’s Inc. (REED) announced today that its Virgil’s Root Beer will be distributed as a draught choice in New England and Southern California by the end of this month. With the non-alcoholic beverage industry worth nearly $7 billion in 2004, along with the surge of demand for energy and specialty drinks on the rise, Reed’s choice to enter into the draught soda business is timely. "We are very excited that Virgil's leading line of beverages will now include a draught Root Beer,” said company founder and CEO, Christopher Reed. "Most micro-breweries generate 30-50% of their business from draughts and we…