J.M. Smucker Co. has paid $360 million for Miami-based Rowland Coffee Roasters, whose brands include Café Pilon, Café Bustelo, Café Oquendo, Medaglia d’Oro and El Pico brands. According to the South Florida Business Journal, a news release said Rowland’s 2010 revenue of more than $110 million makes it the nation’s largest coffee company marketing to […]
Category: Beverage News
Sweetwater is 27th Largest Craft Brewer in the Country
SweetWater Brewing Co. keeps climbing up the ranking of America’s biggest craft beer companies. The Atlanta-based brewer, which recently discussed plans to expand its production capacity, moved up one slot to No. 27 in the Brewers Association’s list of the 50 largest independent U.S. brewers. Last year, the company was the 28th-largest craft brewery in […]
Grocers Lose Fight Over Full-Strength Beer
A legislative effort to let Colorado grocery and convenience stores sell full-strength beer died in a landslide on the House floor Monday after a month of intense debate on the subject, reports the Denver Business Journal. House Bill 1284, sponsored by Reps. Larry Liston, R-Colorado Springs, and Crisanta Duran, D-Denver, pitted those stores against locally […]
Consumers Want to Indulge, But Keep Health in Mind, Too
By Ashley Bates/staff writer Bubbly, fruity and refreshing soft drinks and other beverages have seen hard times in recent years, but many in the beverage industry may call 2011 the year of the beverage. Rebounding nicely this year are sports drinks, bottled waters and water beverages; soft drinks and diet soft drinks are as strong […]
Diet Coke Passes Pepsi
As the soft drinks industry tries to recover from a long slide, Coca-Cola Co. has new bragging rights in its rivalry with PepsiCo reports The Atlanta Journal-Constitution. Sales of Coca-Cola and Diet Coke dipped by half a percentage point and one point, respectively, in 2010. But sales of Pepsi-Cola fell 4.8 percent. Beyond the sales […]
US Tops France as Wine Sipping Leader
According to a report in the San Francisco Business Times, the United States supplanted France as the world’s largest wine-consuming nation in 2010, according to wine industry consultants Gomberg, Fredrikson & Associates, by roughly 330 million cases to France’s 320.6 million. Of course, the United States’ population dwarfs that of France, so “per capita, they’re […]
Coca-Cola Pulls Sodas in St. Louis
The Coca-Cola Co. has pulled sodas from shelves at St. Louis stores after customers complained of a metallic taste. There was a slight surge in minerals in the water used to make the soda at the drink giant’s Maryland Heights plants, said Kevin Morris, spokesman for Atlanta-based Coca-Cola to the Atlanta Business Chronicle. The recalled […]
Coca-Cola Buys Remainder of Honest Tea
The Coca-Cola Co. has exercised its option to acquire the remaining 60 percent of Maryland-based organic bottled tea maker Honest Tea, reports The Atlanta Journal-Constitution. The companies described it Tuesday as a chance to make organic drinks more mainstream. What they didn’t say is that it also may be a chance to invigorate Coca-Cola’s tea […]
