Tag Archives: Keurig Green Mountain

Keurig Green Mountain Adds Coca-Cola’s Reyes to Board

Jose Octavio Reyes

WATERBURY, Vt.-Jose Octavio Reyes Lagunes, retired vice chairman of The Coca-Cola Export Corp., has been appointed to Keurig Green Mountain’s board of directors. The naming of Reyes increases Keurig Green Mountain’s board to 12 members, 11 of whom are independent. He retired as Coca-Cola Export’s chairman in April of this year after a two-year stintMore »

Keurig Crafts License with Kraft Foods

Keurig Green Mountain

WATERBURY, Vt.-Keurig Green Mountain has reached a multiyear license, manufacturing and distribution agreement with Kraft Foods Group for a line of Keurig portion packs with Kraft’s branded coffees, specifically for Keurig consumer and commercial brewing systems. Financial terms of the agreement were not disclosed in a joint statement from the two companies. The agreement callsMore »

Keurig Hikes Portion Pack Prices

Keurig Green Mountain

WATERBURY, Vt.-Keurig Green Mountain has instituted a 9 percent increase in the prices of all portion packs it sells for use in Keurig brewing systems, effective Nov. 3. According to a company statement, the increase is a direct response to several factors that have affected costs of coffee and consumer packaged goods. These include aMore »

Keurig Green Mountain Net Up 33.4 Percent in Q3

Keurig Green Mountain

WATERBURY, Vt.-With sales of the company’s single-cup brewing products continuing to drive growth, Keurig Green Mountain posted net income of $155.2 million, an increase of 33.4 percent, in its fiscal third quarter ending on June 28. Net sales gained 5.7 percent to finish the quarter at $1 billion. Much of the top-line increase came fromMore »

Keurig Launches Cafe Bustelo K-Cups

Cafe Bustelo

ORRVILLE, Ohio-Keurig Green Mountain has introduced a line of Cafe Bustelo K-Cup packs, as part of its recent multiyear agreement to extend the brewer brand’s partnership with Cafe Bustelo parent J.M. Smucker. The new line comes in two single-serve varieties, Espresso Style and 100% Colombian Coffee. John Whoriskey, president of Keurig’s U.S. sales and marketing,More »

Keurig Becomes Exclusive Maker of Harris Teeter K-Cups

Keurig Green Mountain

WATERBURY, Vt.-Keurig Green Mountain has become the exclusive manufacturer of Harris Teeter-branded K-Cup packs for its Keurig brewing system. Financial terms of the agreement between Keurig and the southern department-store chain were not disclosed. The new line of K-Cups is available now at Harris Teeter stores and on harristeeter.com. It is launching with an assortmentMore »

Keurig to Offer Nestle Coffee-Mate K-Cups

Keurig Green Mountain

WATERBURY, Vt.-Keurig Green Mountain and Nestle USA have reached a multiyear agreement to offer Keurig K-Cup packs with Nestle Coffee-Mate-branded coffee with creamer. The two companies will debut the new Nestle Coffee-Mate 2 in 1 K-Cup packs in original and French vanilla flavors on keurig.com this fall, and in stores in spring 2015. The packsMore »

Keurig Green Mountain to Open Cold-Pod Plant in Georgia

Keurig Green Mountain

WATERBURY, Vt.-Keurig Green Mountain will open a manufacturing facility in Douglasville, Ga., dedicated to the production of pods for the new Keurig Cold platform, an in-home cold beverage system. The company will invest $337 million in the factory over the next five years. It has closed on the purchase of a 585,000-square-foot building for renovation,More »