Hiru Corporation Strengthens Revenue Operations with Strategic Operational Changes
Hiru Corporation, a leading water bottling company, has recently announced a significant change in its operational footprint to enhance revenue-producing operations in fiscal year 2024. The company has consolidated its West Coast operations to its Glendale, Arizona location, selling Salome Water and Ice and transferring key equipment and high-end customers from its California operation.
This strategic move allows Hiru Corporation to focus its operations on the West Coast from a single location in Glendale, Arizona, while turning its attention to acquiring full-scale water bottling facilities on the East Coast, primarily in Florida and the surrounding area. The company aims to aggressively scale up manufacturing operations on the East Coast to attract new revenue streams in the first quarter of 2024.
Kathryn Gavin, President and CEO of Hiru Corporation, expressed confidence in the company’s plan to maintain its ongoing quarterly revenue growth. Since the start of water bottle production in 2021, the company has consistently increased its quarterly revenue. Gavin emphasized that consolidating the West Coast operations was a financially sound decision, allowing the company to reduce operational expenses and improve bottom-line performance.
By letting the lease expire in California and relocating key equipment and production to Arizona, Hiru Corporation will significantly reduce costs associated with facility and employee expenses. The move to Arizona also offers advantages in terms of lower employee compensation, long-term retention, and fewer burdensome state regulations.
The Glendale facility is spacious enough to meet current production levels from the California location and accommodate future expansion as the company continues to add new revenue streams on the West Coast. This consolidation will enable Hiru Corporation to meet current and future production requirements in a more efficient and cost-effective manner.
Hiru Corporation’s focus on increasing revenue and maximizing bottom-line performance aligns with its plan to allocate capital towards establishing a manufacturing footprint on the East Coast. This strategic move positions the company for continued growth and success in the water bottling industry.
With its solid plan of action and commitment to ongoing revenue growth, Hiru Corporation is well-positioned to capitalize on opportunities in the market. By streamlining operations and expanding its manufacturing capabilities, the company is poised to achieve its goals and deliver value to its customers and shareholders.
About Hiru Corporation:
Hiru Corporation is a Georgia-based public quoted Pink Sheet OTC issuer (ticker symbol “HIRU”). The company operates as an alternative reporting issuer with OTC Markets Group, Inc. and is current in its mandatory required filings. Hiru Corporation’s wholly owned subsidiary, AZ Custom Bottled Water, Inc., owns and operates a commercial water bottling and labeling facility in Phoenix, Arizona.