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Constellation Brands Announces Glass Sourcing Strategy and...

2014-10-02 17:13:51| Industrial Machines - 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.

Tags: strategy glass brands announces

 

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.

Tags: strategy glass brands announces

 
 

Beer sales rise in half-year for Constellation Brands, wine and spirits flatline

2014-10-02 15:41:29| Daily beverage news and comment - from just-drinks.com

Constellation Brands has seen half-year and quarterly profits slump on a reported basis, on the closure of its US beer business purchase last year.

Tags: sales brands rise wine

 

Constellation Brands solves glass problems with Anheuser-Busch InBev plant buy, Owens-Illinois JV

2014-10-02 15:15:00| Daily beverage news and comment - from just-drinks.com

Constellation Brands has announced plans to raise the capacity at its Corona brewery in Mexico, and intends to purchase adjacent facilities from Anheuser-Busch InBev that will be run by a new JV with Owens-Illinois.

Tags: buy problems glass brands

 

just The Preview - Constellation Brands' Q2 & H1

2014-09-29 18:30:00| Daily beverage news and comment - from just-drinks.com

Constellation Brands is due to report its first-half numbers on Thursday (2 October). Here, just-drinks examines how the US-based beer, wine and spirits firm has made the headlines in the three months to the end of August.

Tags: brands preview h1 q2

 

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