Local News

Keurig Green Mountain Reports Strong Quarter

Vermont Public | By Steve Zind

Published May 7, 2014 at 4:58 PM EDT

Waterbury-based Keurig Green Mountain, Inc. says robust sales and earnings growth led to a strong quarter.

The company reported net sales of $1.1 billion in its fiscal second quarter, which ended in March. The figure represents a 9.7 percent increase from the same quarter last year.

Keurig Green Mountain also announced an agreement with J.M. Smucker Company which markets a line of coffee brands including Folgers, Café Bustelo and Millstone.

The agreement will expand the existing relationship between the companies and include the production of Smucker’s coffee products for new consumer and commercial serving systems that Keurig Green Mountain plans to introduce.

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Steve Zind

Steve has been with VPR since 1994, first serving as host of VPR’s public affairs program and then as a reporter, based in Central Vermont. Many VPR listeners recognize Steve for his special reports from Iran, providing a glimpse of this country that is usually hidden from the rest of the world. Prior to working with VPR, Steve served as program director for WNCS for 17 years, and also worked as news director for WCVR in Randolph. A graduate of Northern Arizona University, Steve also worked for stations in Phoenix and Tucson before moving to Vermont in 1972. Steve has been honored multiple times with national and regional Edward R. Murrow Awards for his VPR reporting, including a 2011 win for best documentary for his report, Afghanistan's Other War.

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