US: Tropicana surfaces after Hurricane Frances
Tropicana Beverages North America is returning to full operations after the two hurricanes in Florida. The PepsiCo unit said yesterday that both its Bradenton and Ft. Pierce manufacturing and distribution facilities in Florida sustained only minor damage from Hurricane Frances.
While experiencing some challenges in transporting its products out of Florida, the company said it expects to return to full capabilities within the next few days.
Tropicana is working to determine the impact of the storm on its employees and their families and is coordinating with local relief agencies to provide donated product and other assistance to those areas hardest hit by the storm.
The company is also working with industry experts and its grower partners to evaluate the facts and assess the potential impact to the citrus crop from Hurricane Charlie and now Hurricane Frances.
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The Pepsi Bottling Group today reported second quarter net income of US$148m, or diluted earnings per share (EPS) of $0.59. The results were up on the same period last year as the company grew volumes...
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