After 12 years as chief executive officer (CEO) of PepsiCo Inc., Purchase, N.Y., Indra Nooyi announced that she will step down Oct. 3. Nooyi has been with the company for 24 years. She will remain chairman until early 2019. Following a unanimous election by the Board of Directors, Ramon Laguarta, president of PepsiCo, will assume the CEO position as well as election to the Board of Directors.
Stable growth reported for small and independent brewers
August 6, 2018
The Boulder, Colo.-based Brewers Association (BA) reported that growth for small and independent craft brewers remained stable for the first half of 2018, according to the BA’s new mid-year metrics. Production volume for the craft segment increased 5 percent during the first half of 2018, the company says.
Beer brand pays homage to Jamaican heritage with EP
August 6, 2018
Red Stripe, a beer brand of Heineken USA, White Plains, N.Y., announced its plans to celebrate the 100th anniversary of beer producer and Jamaican brewer Desnoes and Geddes Ltd. (D&G).
Los Angeles-based the Coffee Bean & Tea Leaf announced two new varieties of its Cookies & Cream Ice Blended drink: Cookies & Cream and Midnight Cookies & Cream.
Company to invest $62 million in Indiana facilities
July 30, 2018
Niagara Bottling LLC, Ontario, Calif. announced plans to build a new $56 million, 469,000-square-foot manufacturing and bottling plant in the River Ridge Commerce Center in Jeffersonville, Ind., the company says. In addition, the current Plainfield operation will undergo a $6.1 million expansion, bringing a total investment of $62 million in southern Indiana, states the Indiana Economic Development Council (IEDC).
Hot coffee cups to be rebranded with artwork inspired by national parks
July 24, 2018
La Colombe Coffee Roasters, Philadelphia, Pa., announced that it will be donating at least $100,000 in a year-long commitment to the mission of the National Park Foundation (NPF), the official nonprofit partner of the National Park Service.
Fans can enter weekly contest for chance to make life a little more interesante
July 24, 2018
White Plains, N.Y.-based Heineken announced that its imported Mexican beer, Dos Equis, is once again the Official Beer Sponsor of the College Football Playoffs. Each week from August through December, the brand is giving football fans and beer drinkers the chance to win tickets to the College Football Playoff National Championship game. Beer drinkers can expect Dos Equis to make the legendary a little more interesante this football season, as the brand will deliver fun and authentic content while giving the fans a chance to live once-in-a-lifetime experiences, it says.