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ESDI consolidates its production to take advantage of economies of scale and improve gross margins.

07/06/2017
By Ian Gilson, PhD, CFA

OTC:ESDI

Eastside Distilling (OTC:ESDI) has completed its planned consolidation of production with the Motherlode facility and will immediately benefit from the reduction in costs.
 
The consolidation will provide Eastside with lower costs and higher throughput including bulk shipment of spirits from the Big Bottom Distillery. Buying materials in bulk at lower unit costs and using more efficient, and less expensive, bottling equipment should have an immediate positive impact on gross margins.

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