Bolthouse Farms portfolio bolsters Bolthouse and Foodservice division growth
September 9, 2014
Campbell Soup Co., Camden, N.J., reported that sales for its U.S. Beverages segment, which includes V8 juices and juice drinks and Campbell’s tomato juice, were up 6 percent in the fourth quarter of its 2014 fiscal year, which ended Aug. 3.
Camden, N.J.-based The Campbell Soup Co. reported a sales increase of 10 percent, with an organic sales increase of 1 percent, reaching $2.3 billion in the second quarter of the 2013 fiscal year. In addition, the company reported a 5 percent increase in adjusted earnings before interest and taxes (EBIT) including its acquisition of Bolthouse Farms.
Bolthouse Farms, a subsidiary of Camden, N.J.-based Campbell Soup Co., unveiled its new Innovation Center at its Bakersfield, Calif., headquarters. The facility is designed to accelerate new product development and enhance current Bolthouse Farms offerings across the company’s portfolio of beverages, salad dressings and fresh carrots, the company says. The Innovation Center will integrate marketing and research to create new products intended to help consumers make healthy choices, it says.