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Article: The Children's Beverage Group Increases Manufacturing Capacity to Over 200 Million Units.
- Article from:
- Business Wire
- Article date:
- June 5, 1998
CopyrightCOPYRIGHT 1998 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NORTHBROOK, Ill.--(BUSINESS WIRE)--June 5, 1998--The Children's Beverage Group Inc. (NASDAQ BB:TCBG), a manufacturer of specialty children's beverage packaging, announced Friday that the acquisition of three new Volpak manufacturing units will boost the company's total production output to over 200 million units annually, representing over $30 million in revenues.
"This increased manufacturing capability will make The Children's Beverage Group the second largest producer of soft pouch drink packaging in the US, second only to Kraft/Capri Sun," said Jon Darmstadter, president and CEO of The Children's Beverage Group. He added, "With all six of our exclusive ...