Coca-Cola Enterprises Inc. Chairman and CEO John F. Brock’s total compensation was down 54 percent in 2011, due in part to a big dip in stock awards, the Atlanta Business Chronicle reports. The Atlanta-based Coke products distributor and marketer, whose annual profit jumped 20 percent to $749 million in 2011, reported in a proxy filing […]
Category: Beverage News
Posted in, Beverage News, Southeast
Coca-Cola Testing PlantBottle Packaging in Southeast
The Coca-Cola Co. is conducting a limited-time pilot for its new PlantBottle packaging in Birmingham, Atlanta and Nashville. According to a release from the Atlanta-based company, the new plastic bottle packaging is made with up to 30 percent renewable material from plants. Through the end of May, Coca-Cola, Diet Coke, Coke Zero, Sprite, Fanta Orange […]
Posted in, Beverage News, National, New Products
Pepsi Next Debuts in March
Pepsi, the country’s No. 2 cola company, will introduce “Pepsi Next” to try to compete with No. 1 company Atlanta-based The Coca-Cola Co.’s popular Diet Coke, reports The Associated Press. The new Pepsi drink has about half the calories of regular Pepsi at 60 calories per can. The cola is scheduled to hit shelves nationally […]
Posted in, Beverage News, Southwest, Suppliers
Anheuser-Busch Investing $70M In Metal Container Facility
St. Louis, Mo.-based Anheuser-Busch plans increase production capacity at its Metal Container Corporation (MCC) facility in Arnold, an investment estimated between $70 and $80 million, to increase production and create at least 20 new jobs at the facility. The Arnold facility produces aluminum cans for Anheuser-Busch and soft drink makers. This expansion, planned for completion […]
Posted in, Beverage News, Marketing News, National
MillerCoors Profits Up 32.5 Percent
MillerCoors LLC recorded a 32.5 percent increase in profits for the fourth quarter on growing market share for its Coors Light brand and ongoing cost savings related to the merger of Miller Brewing and Coors Brewing, reports the Denver Business Journal. SABMiller plc of London and Molson Coors Brewing Co. of Denver, Colo., the co-owners […]
Posted in, Beverage News, National, Organic Natural
Organic Food Sales Hit High in 2011
For the first time in four years since undertaking its annual Organic Product Survey, TABS Group (www.TABSGroup.com) found a significant increase in American consumers reporting they purchased organic products and a jump in overall sales. Specifically, the percentage of all consumers saying they purchased organics rose from 39.8 percent in January 2011 to 41.8 percent […]
Posted in, Beverage News, Marketing News, West
More from The N.G.A. Show—In Pictures
From The 2012 N.G.A. Show… In the photo above: Michael Sansolo speaks to the panel consisting of Chris Coborn, president and CEO of Coborns Inc.; Carlos Smith, president of Bodega Latina Corp./dba El Super; and Jay Lawrence, president of Lawrence Bros. M-A-L Enterprises Inc.
Posted in, Beverage News, Bonus Content, Northeast
PepsiCo Cutting 8,700 Jobs, Increasing Ad Dollars
The Associated Press reports that PepsiCo plans to cut 8,700 jobs around the world and ramp up advertising in North America in an effort to reduce costs. Though the company exceeded fourth quarter expectations, it predicted a decline in 2012 earnings. PepsiCo, which produces such beverages as Gatorade and Mountain Dew along with numerous other […]