American Licorice Company banks on capital investments to carry it through tough times
UNION CITY, Calif. American Licorice Company is counting on its “rainy day” savings funds to carry it through economic hard times, The San Francisco Chronicle this week reported.
The maker of well-beloved licorice treat Red Vines has said that it hopes that the $10 million in capital investments the company has banked in good years will be enough to carry it through the current cash-poor economy.
“We won’t call it recession-proof, but licorice has always held its own. It’s kind of a comfort food,” American Licorice plant manager John Nelson told the Chronicle. Still, touch times lay ahead for many independent companies. “Lines of credit are being frozen or reduced. … Or if they are new requests, may not be approved.”
To help buoy the effects of marketplace money drain, Nelson told the media, American Licorice Company is constantly seeking ways to improve productivity and efficiency. The company will also continue investing, he said, in order to keep its profit dollars flowing.
Dr Pepper Snapple Group names new chief marketing officer, other shifts in management
PLANO, Texas Dr Pepper Snapple Group has announced a change to its managerial lineup; former senior vice president of marketing Jim Trebilcock has been bumped to the position of chief marketing officer, the company has said. Other management adjustments have also been made in the course of a wider reorganization effort, according to reports. Trebilcock, a 21-year veteran, will now report to president and chief executive officer Larry Young.
In other moves, former executive vice president of marketing and research and development, Randy Gier, has parted from the company; Rodger Collins assumes the lead of DPS’ finished-goods business; Mexico and Caribbean divisions president, Pedro Herran, will now also take on heading corporate strategy; and vice president of corporate communications Tina Barry will also take on a new corporate affairs role. Other management moves also will effect supply chain operations and other marketing divisions.
Dr Pepper Snapple Group currently ranks as No. 3 in the U.S. carbonated soft drink business, following Coca-Cola Company and PepsiCo. Reports have stated that DPS’ annual sales total around $5.7 billion.
Studies of green tea show myriad of health benefits
SEATTLE According to researchers, not only is green tea an excellent source of antioxidants, it can also help with things like maintaining cholesterol, burning fat and calming nerves, researchers at the Fred Hutchinson Cancer Research Center, as well as researched at the University of Seattle have said.
Green tea contains a mild dose of caffeine which can stimulate the brain. It also contains thiamine, or vitamin B, which can benefit regular drinkers by improving cognitive functions and giving the drinker more energy, reports said.
Research also indicated that women who rink green tea regularly had a 54 percent decreased risk of ovarian cancer. Hutch Center scientists said that green tea contains high levels of EGCG, or epigallocatechin-3-gallate, which not only has been shown to help prevent ovarian cancer, but other forms such as breast cancer and colorectal cancer, as well.