Headlines

Beverage World presents the latest news from across the worldwide beverage market.

Coke To Invest $1.3 Billion In Chile

The Coca-Cola Company has announced a new five-year system investment of US$1.3 billion in Chile from 2012 to 2016, including $200 million recently invested to construct a new Coca-Cola Andina bottling plant in Renca, which officially opened yesterday.

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Lawmakers Urge FDA to Regulate Energy Drinks

Two U.S. senators – Illinois Sen. Dick Durbin and Connecticut Sen. Richard Blumenthalare – are pushing the Food and Drug Administration (FDA) to restrict caffeine levels in certain energy drinks, which have been linked to multiple deaths. (Fox News)

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Report: Alcohol Tax Hurt Retailer Performance

The poor performance of Maryland’s package stores in 2012 is a direct result of last year’s alcohol tax increase, according to the Distilled Spirits Council’s Chief Economist, who spoke on a panel before the Maryland Economic Advisory Forum.

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Pakistan's Lone Beer Maker Seeks Overseas Business

Murree Brewery, established in 1860 by British colonial rulers to supply beer to their troops, is desperately looking for business overseas to hedge against its uncertain domestic market. Prohibition was imposed in Pakistan in 1977. Non-Muslims and foreigners must obtain a government permit to purchase alcohol at designated retailers which are mainly upscale hotels. (NBCnews.com)

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Bacardi U.S.A. Supporting Sandy-Hit NJ Distributor

In response to the damaging aftermath of Hurricane Sandy across New Jersey and the massive destruction of the offices and warehouse of Kearny, NJ-based Fedway Associates, Inc., the exclusive New Jersey distributor for Grey Goose Vodka, Derek Hopkins, Senior Vice President and Head of Sales for Bacardi U.S.A., announced a multi-faceted effort in support of its New Jersey distributor partner and its retail and on-premise customers.

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