Kraft Foods Inc., Northfield, Ill., reported strong fourth quarter and full year 2011 results, driven by revenue growth, effective cost management and focused investments in the company’s iconic brands, the company said. However, the company’s net revenues for U.S. beverages were $725 million in the fourth quarter, down 3.2 percent. For the full year, U.S. beverages net revenue was $3 billion, a 6.4 percent decrease.
Jacob Leinenkugel Brewing Co., Chippewa Falls, Wis., a subsidiary of MillerCoors’ Tenth and Blake Brewing Co., is celebrating its 145th birthday by taking its craft beer portfolio on a cross-country tour this summer.
Anheuser-Busch, the St. Louis-based subsidiary of Anheuser-Busch InBev, announced a $70 million to $80 million investment in its Metal Container Corp. (MCC) facility in Arnold, Mo. The investment will increase production and create at least 20 new jobs at the facility, which produces aluminum cans for Anheuser-Busch and soft drink makers, the company said.
The 27th edition of the Nightclub & Bar Convention and Trade Show, March 12-14, plans to take Las Vegas by storm — yet again. This year’s event includes a conference program, exhibit hall and, last but not least — parties.
Dr Pepper Snapple Group, Plano, Texas, announced an exclusive partnership between its Snapple brand and NBC, FremantleMedia Enterprises and Syco’s “America’s Got Talent” reality talent competition. Snapple is the first exclusive beverage partner of the series, the companies said.
Chicago-based MillerCoors brand Coors Light partnered with 100 Black Men of America Inc., a national organization committed to enhancing educational and economic opportunities for African-American men, for the Coors Light Ice Cold Leader program that will recognize exemplary community ambassadors.
Seventy percent of consumers said coffee will be part of their Valentine’s Day dinners or dates this year, an independent survey by Dunkin’ Donuts, Canton, Mass., reported. Of those, 50 percent indicated that they would prefer to receive a fresh cup of coffee from their sweetheart rather than flowers.
Ace Metrix, a Mountain View, Calif.-based company that measures TV advertising, revealed its rankings of the most and least effective ads from Super Bowl XLVI.
The Coca-Cola Co., Atlanta, announced its 2011 full-year and fourth quarter results highlighted by 5 percent full-year global volume growth. The global volume growth was driven by 5 percent international volume growth and 1 percent organic volume growth in North America. Trademark Coca-Coca was up 3 percent for both the full year and fourth quarter, leading its growth, the company said.
Tenth and Blake Beer Co., the craft and import division of Chicago-based MillerCoors, acquired Crispin Cider Co., Minneapolis. The acquisition gives the division a significant presence in the beer industry’s fast-growing hard cider category, according to the company.
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