June-July 2022 - 8

TOPNEWS
NAMA-led group
urges passage of
ERTCRA legislation
[ ASSOCIATION ]
Quench acquires
Pure Water Solutions
of America
Quench, a leading provider
of filtered water solutions
for businesses and dealer
partners across North
America, announced it
has acquired Pure Water
Solutions of America, one
of the largest providers of
point-of-use drinking water
systems and ice dispensers
in the United States.
Founded in 2012, Pure
Water Solutions of America
is a leading Wellsys dealer,
with operations spanning
five states, including Utah,
Nevada, Arizona, Idaho
and Washington.
VendingMarketWatch.com/
21269758
8383933 | Dreamstime
A GROUP OF 102 NAMA-LED
coalition partners urged congressional leaders
to pass the bipartisan Employee Retention
Tax Credit Reinstatement Act (ERTCRA).
In a letter delivered on June 2 to Speaker
Pelosi, Leader Schumer, Leader McCarthy,
and Leader McConnell, the associations and
charitable nonprofits, which represent a wide
range of small businesses, made the case that
the ERTCRA is the most viable way to help
small businesses recover from economic setbacks
caused by the COVID-19 pandemic.
The NAMA-led coalition pointed to:
* Strong bipartisan support for the legislation
across both chambers, 57 Republicans and
46 Democrats.
* Dire need for passage given inflationary
pressure combined with the tax and
administrative effects of the retroactive
rollback of ERTC.
* CBO estimate of $8.2 billion cost of Q4
2021 ERTC and the likelihood this number
is now smaller given some businesses have
now shuttered.
8 Automatic Merchandiser * June/July 2022
Tillamook County
Creamery Association
expands partnership
with Dot Foods
Tillamook County Creamery
Association announces
expanded partnership with
Dot Foods. The exclusive
partnership unlocks the
potential for Tillamook Ice
Cream to be accessible via
Dot's network of customers,
including more than 5,200
distributors in all 50 states.
VendingMarketWatch.com/
21269599
FreshBrew announces
$10M investment in
roasting, tea and
RTD production
Houston-based FreshBrew,
one of the largest privatelabel
coffee and tea
producers in the U.S.,
announced the investment
of $10 million into its specialty
roasting and production
divisions. The investment
will expand current roasting
production and will fund
extraction, bottling and
canning capabilities,
making FreshBrew one
of only a few companies
in the country to offer
total end-to-end beverage
solutions, according to the
announcement. Expansion
is slated to be complete in
early 2023.
VendingMarketWatch.com/
21269747
Coca-Cola to phase
out Honest tea
product line
The Coca-Cola Company is
prioritizing brands with the
greatest potential for scale
and profitable growth.
The Honest teas product
line will be phased out of
The Coca-Cola Company's
beverage portfolio at the
end of 2022. Gold Peak,
a national brand, and
the regional Peace Tea
offering, will anchor the
company's ready-to-drink
tea strategy in North
America. The Honest
brand was founded in
1998 by Seth Goldman and
Barry Nalebuff.
VendingMarketWatch.com/
21269027
http://www.VendingMarketWatch.com/21269758 http://www.VendingMarketWatch.com/21269599 http://www.VendingMarketWatch.com/21269027 http://www.VendingMarketWatch.com/21269747
June-July 2022

Table of Contents for the Digital Edition of June-July 2022
