Ocean Spray said yesterday that it has appointed former PepsiCo
R&D chief Geoffrey Woolford as vice president of research and
development, as part of its efforts to give the company a healthier
After rejecting an $800 million offer for its juice business from
Northland Cranberries early last year, US co-operative Ocean Spray
has decided the time is right to enter into an agreement with its
US cranberry co-operative Ocean Spray will purchase the cranberry
processing assets and current inventory of unprocessed cranberries
of Wisconsin-based Northland Cranberries as part of the expansion
of its fruit receiving and concentrating...
US cranberry co-operative Ocean Spray will roll out a plumper
version of its health ingredient for use in bakery products onto
the European food market in the next few months, hoping to see
value-added ingredients boost a bottom line...
The French food authority AFSSA has approved a health claim for
cranberry juice and powder and its effect on urinary tract health,
in the world's first health claim for the fruit, writes Philippa
Ongoing debate over strategy for the ingredient and juice producer
Ocean Spray Cranberries has damaged the co-operative's credit
rating, and could distract management from focusing on being more
competitive, said analysts this...
Cranberry co-operative Ocean Spray, seeking to build brand
awareness in Europe at FiE this week, has extended its ingredients
line further with a new mixed berry variant and glycerated version
of its Flavored Fruit Pieces (FFP) for...
Continuing uncertainty and senior management turmoil at cranberry
supplier Ocean Spray has led Moody's to downgrade the firm's
short-term and preferred stock ratings, with further downgrade
possible in the near future.
Ocean Spray, the US cranberry grower co-operative and juicemaker,
announced this week that it has axed 58 corporate-level jobs in a
bid to streamline the company and help it restore profitability for
Earlier this week we reported on the weak cranberry market as
Northland Cranberries reported third quarter results. The company
is now filing a multi-count federal antitrust lawsuit against
competitor Ocean Spray for anti-competitive...