Strong demand for aluminum Budweiser and Bud Light bottles is prompting Anheuser-Busch to double its aluminum bottle capacity in the U.S. with a $150 million facility expansion in Arnold, Mo. Metal Container Corp., a subsidiary of A-B, broke ground Thursday on a new 110,000-square-foot aluminum bottle production facility 17 miles south of A-B’s St. Louis brewery. (stltoday.com)
Constellation Brands Inc. has finalized a joint venture with Owens-Illinois to acquire and operate Anheuser-Busch InBev SA/NV’s glass production plant in Nava, Coahuila, Mexico. Constellation also purchased a high-density warehouse, land and rail infrastructure at the same site. The purchase price for the assets was approximately $300 million.When fully operational, the facility is expected to supply more than 50 percent of the glass needs for Constellation’s U.S. beer business. (democratandchronicle.com)
Start-up company MateBros was born when Alex Anunciation invited two friends, Sam Mikulak and Jordan Gaarenstroom, over to try a tea he had discovered called yerba mate. Yerba mate is a South American tea used for everything from treating chronic fatigue syndrome to promoting weight loss, and while some in the medical community aren't convinced of its benefits, others are sold, including TV personality Dr. Mehmet Oz, whose website promotes the tea as "chock full of antioxidants and vitamins ... [it] gives you a metabolism and energy boost ... [and] does not produce the caffeine-related crashes that some people experience with coffee." (dailyfinance.com)
Coca-Cola Bottling Co. Consolidated has signed a definitive agreement with an affiliate of The Coca-Cola Company to expand the bottler’s franchise territory to include the Louisville, Ky., and Evansville, Ind., territories currently served by Coca-Cola Refreshments USA, Inc., a wholly-owned subsidiary of The Coca-Cola Company. This agreement represents an additional phase of the proposed franchise territory expansion described in the previously-announced letter of intent between the company and The Coca-Cola Company. (streetinsider.com)
With the appointment of the Advisory Board, preparations for drinktec 2017 have now begun. Volker Kronseder, Chairman of Krones AG and President of the Advisory Board, was confirmed into office. The Advisory Board represents the interests of the companies exhibiting at drinktec. The dates for the next edition of the "World´s Leading Trade Fair for the Beverage and Liquid Food Industry" are September 11 to 15, 2017 in Munich.
Vladimir Putin, Russia’s President, has struck out at Coca-Cola, suggesting that it may represent a health threat. Speaking at an annual press conference in Moscow, Putin said he “did not know whether Coca-Cola is a harmful drink, but many experts say it is [harmful] for children”. Christopher Snowdon, director of lifestyle economics at the Institute of Economic Affairs said: "In a country with chronic drink and drug problems, not to mention severe economic challenges, drinking Coke is the least of Russia's worries.” (The Telegraph)