Editorial
Nestlé and Ocean Spray
alliance good news for growers
1/25/02
Ocean Spray is to be applauded for entering into an agreement with Nestlé
which will, among other benefits, allow its four bottling plants to
operate at higher efficiency. From the employees standpoint, if there were
layoffs anticipated these should be averted. For the growers, costs all
along the manufacturing line should be reduced from purchasing to
production to distribution, pointing to an eventual increase in price per
barrel.
When middle aged cranberry
farmers were growing up, Nestlé was known primarily for milk chocolate and
coffee. Much has changed since then. With justification, Nestlé considers
itself to be "the undisputed leader in the food industry, with more than
500 factories in over 70 countries and sales of more than CHF* 71 billion,"
and a wide range of food products. Based in Switzerland, it is that
countries largest industrial company. It employs almost a quarter of a
million people worldwide. Its U.S.A. operations alone employs over 17,000
people.
Nestlé has
become a major player in the American juice business, especially with its very
successful Libby's Juicy Juice. Ocean Spray has no comparable product
appealing to children who are old enough to express a preference as to
what their parents buy.
The improvement in the bottom
line for Ocean Spray growers won't be realized immediately. However, once
the savings begin to accrue, price per barrel should increase and the long
hoped for target of meeting and exceeding a realistic cost of production
can be met. Since independent prices are based on prices Ocean Spray pays
to their growers, every month closer this vital date can be moved means
that one or more cranberry grower can stay in business.
* At current exchange rates
100CHF equals aprox. 59 U.S. dollars.
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