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Constellation Brands Announces Glass Sourcing Strategy and...
2014-10-02 16:15:48| Beverages - Topix.net
Agrees to acquire glass plant and associated warehouse, land and rail infrastructure in Nava, Mexico from Anheuser-Busch InBev for approximately $300 million pending U.S. Department of Justice and Mexican regulatory approvals Agrees to enter into 50-50 joint venture with Owens-Illinois to own and operate new glass plant and to use O-I as a secondary glass supplier Updates future beer segment volume growth, capital expenditure investments and operating margin, as well as consolidated free cash flow targets VICTOR, N.Y., OCT.
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Category:Food and Related Products
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