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The Americas
For its fourth quarter, Constellation reported a net loss of USD 406.8 million compared with a prior-year net loss of USD 834.8 million.
The Americas
According to Carlos Laboy and John Gilmore, two analysts with Credit Suisse, AB-InBev should buy Grupo Modelo because the largest Mexican brewer’s USD 1.5 billion in cash would accelerate AB-InBev paying down its debt and improve its debt coverage ratios. This is what the two bankers reportedly told beer distributors, brewers and importers at a beer industry meeting in Austin, Texas, last month.
The Americas
Looks like the recent industry consolidation is taken its toll on members’organisations too. Does anybody still do any research at former Anheuser Busch’s headquarters in St Louis? As far as we are aware the 100-odd jobs research department does not exist any longer.
The Americas
This year’s keynote speakers are Tom Long, President and Chief Commercial Officer, MillerCoors, Deryck van Rensburg, President, Venturing & Emerging Brands, Coca-Cola North America, David A. Peacock, President and CEO, Anheuser-Busch Companies, Inc. and Luis Duran, Vice President of International Markets, FEMSA – CCM.
The Americas
The Essential Track, says the Siebel Institute, covers issues like yeast propagation and maintenance, staining and identification of microorganisms, plating and aseptic handling techniques, and the full range of industry-standard lab QC/QA practices.
The Americas
On 21 March Coca-Cola Femsa agreed to hand over a parking lot, that was used as a distribution centre, to the Venezuelan government, two weeks after President Chavez demanded the company relinquish the space.
The Americas
The craft brewing industry has been good business for Oregon. This entrepreneurial industry of about 90 breweries – which is built on uniquely Oregon advantages such as agriculture, people, and lifestyle – contributes USD 375 million to the Oregon economy every year. It does this without receiving state tax breaks or subsidies, while continuing to pay tens of millions of dollars in existing excise taxes.
The Americas
Volume in North America was down 3 percent, while international unit case volume rose 6 percent. Carbonated soft-drink volume was up 2 percent, while still-beverage unit case volume rose 11 percent.
The Americas
However, PepsiCo itself may need an energy boost after reporting on 13 February that its fourth-quarter net income was USD 719 million, or 46 cents a share, down 43 percent from USD 1.26 billion, or 77 cents a share, a year earlier.
The Americas
MillerCoors agreed in December last year to stop producing and selling caffeinated-alcoholic drinks under a settlement with more than a dozen state attorneys general. The Sparks agreement – in which MillerCoors promised to remove caffeine, taurine, guarana and ginseng from the drink – was a blow to MillerCoors because Sparks had become the dominant product in the category.
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BRAUWELT on tour
Most Read
BRAUWELT on tour
