Food Processing - June 2008 - (Page 18)

news bites C O M PA N I E S dr pepper snapple group debuts r Pepper Snapple Group Inc. officially came into existence on May 7 with its demerger from Cadbury Schweppes PLC and a listing on the New York Stock Exchange. Formerly called Cadbury Schweppes Americas Beverages, the Plano, Texas-based company’s portfolio includes carbonated soft drinks, ready-to-drink teas, juices, mixers, waters and other beverages. Brands include Dr Pepper, Snapple, 7UP, Mott’s, A&W, Sunkist Soda, Hawaiian Punch, Canada Dry, Schweppes, RC Cola, Diet Rite, Squirt, Penafiel, Yoo-hoo, Rose’s, Clamato and Mr & Mrs T mixers. The company had pro forma 2007 revenues of $5.7 billion. Larry Young, president/CEO, said in a Wall Street Journal interview he plans a few d new launches, further building of the Snapple brand and repayment of debt. One soon-tobe-launched product is Venom energy drink. The DPS business was formed in 2003 by bringing together Cadbury Schweppes’ four separate North American beverage business units: Dr Pepper/Seven Up, Mott’s, Snapple Beverage Group and Bebidas Mexico. This move brought more than 50 brands under a common vision, business strategy and management structure. In 2006, the company acquired and began integrating three major independent bottling companies (Dr Pepper/Seven Up Bottling Group, All-American Bottling Co. and Seven Up Bottling Co. of San Francisco). The following year, the company acquired Southeast-Atlantic Beverage Corp. officials of dr pepper snapple group and the new York stock exchange celebrated the company’s de-merger from cadbury schweppes at the opening bell on may 7. BrIEfly Tyson Foods Inc. is consolidating meat operations by closing its York, neb., plant, causing the elimination of 110 jobs. the York plant produces some uncooked steaks, sliced beef and pork items and the shaved steak brand for various retail and foodservice customers. tyson plans to move some of the equipment from York to the emporia, Kan., plant, which employs more than 700 people. A proLogis distribution building in morris, ill., leased by Kraft Foods, in may became the largest building recognized by the U.s. green building council. the 800,000-sq.-ft. warehouse, completed last year, won Leadership in environment and energy design (Leed) certification in the council’s global commercial interior category. According to the Joliet Herald-News, proLogis and Kraft reduced lighting energy use by 60 percent and installed a ventilation system that improves air quality and reduces power use by 40 percent. foodprocessing.com http://www.kemcosystems.com http://www.kemcosystems.com http://foodprocessing.com

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Food Processing - June 2008 Editor's Plate NewsBites Show Report The Trends Rollout Food Biz Kids Consumer Taste Test A Bevy of New CEOs Ingredients Packaging Plant Operations MRO Q&A New Supplier Products Toops Scoops Contents

Food Processing - June 2008

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