CINCINNATI (AP) — Sunny Delight Beverage Co. plans to buy a Texas factory, upgrade its U.S. factories and sell its western Europe juice drink business.
The privately held company said Thursday it is investing $70 million to upgrade five U.S. plants, including buying and upgrading the Sherman, Texas, factory from J.M. Smucker Co. Orrville, Ohio-based Smucker produces Folgers coffee there and has leased space to Sunny Delight since 2004.
Sunny Delight says planned automation, data system and other upgrades will increase efficiency and reduce environmental impact.
The Cincinnati company is selling its western Europe juice business to Orangina Schweppes but did not dsiclose the terms.
Sunny Delight was spun off from consumer products maker Procter & Gamble Co. in 2004.