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The new Center for Innovation comprises 3,600 square feet and features state-of-the-art application and flavor labs as well as customer conference and tasting rooms.
The beverage industry, along with electronics, textiles and food, is very volatile in terms of creating and maintaining an infrastructure that has flexibility in capacity and the capability to meet consumer demands on a periodic and sometimes instantaneous basis.
Austin, Texas-based Deep Eddy Vodka, a division of Heaven Hill Brands, announced its expansion with the purchase of a 194,000-square-foot facility located just outside of the Austin city limits in Buda, Texas.
Green Circle Capital Partners, New York, announced the completion of an equity capital raise for Pittsford, N.Y.-based Karma Culture LLC, makers of Karma Wellness Water and Karma Probiotics.
Current global beverage business conditions have had a significant impact on operating and capital budgets in all industry segments, including the supply chain. Why has this occurred? What has actually happened? How has the industry addressed the results from the changing conditions? What suggestions might be appropriate and helpful?