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 Cincinnati-based company said Thursday it is investing $70 million to upgrade five U.S. plants, including upgrading and acquiring 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.
Sale terms of its western Europe juice business to Orangina Schweppes weren't disclosed.
Privately held Sunny Delight was spun off from consumer products maker Procter & Gamble Co. in 2004.
The Cincinnati-based company said Thursday it is investing $70 million to upgrade five U.S. plants, including upgrading and acquiring 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.
Sale terms of its western Europe juice business to Orangina Schweppes weren't disclosed.
Privately held Sunny Delight was spun off from consumer products maker Procter & Gamble Co. in 2004.
