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Items Tagged with 'beverage industry'
The growing popularity of bourbon has led to increased production in the spirit’s home state with more than five million barrels currently resting in Kentucky warehouses, the most since 1977.
In a close vote, the San Francisco Board of Supervisors approved placing a two-cent-per-ounce tax on sugar-sweetened beverages on the ballot for the upcoming November election, according to the Associated Press.
In what would likely be one of the toughest tests for the industry, the city of Berkeley, CA has authorized a soda tax to be put on the ballot in November.
The Archer Daniels Midland Company (ADM) announced today it is acquiring WILD Flavors GmbH in a transaction valued at $3.1 billion.
Nestlé USA announced Wednesday it will sell the 37-year-old Juicy Juice brand to private equity fund Brynwood Partners VII L.P. under its newly formed portfolio company, Harvest Hill Beverage Company.
Results of a new study point to an increase in competition for the global beverage industry, though industry executives remain optimistic about business improvements.
The Hormel Foods Corporation is breaking into the beverage market, announcing Tuesday its intentions to acquire Muscle Milk product manufacturer CytoSport Holdings, Inc. for $450 million.
As the 2014 World Cup continues to ignite the globe with football fever, official champagne supplier of the games Taittinger, announced the release of a limited edition Brut Réserve NV and a gift carton made for the competition.
The nation’s leading beer manufacturers are changing policy and twisting the lid off ingredients used to brew some of the country’s most popular beverages.
In a unanimous decision, the US Supreme Court ruled that POM Wonderful can continue with its lawsuit against Coca-Cola Company for alleged Lanham Act violations.