21Oct2009
Filed under: Coffee Companies
Author: About Coffee[s] Staff
In 1981, Green Mountain Coffee Roasters opened a small café in Waitsfield, Vermont. This café roasted coffee on the premises and formed the base of operations for what was to become one of the nation’s leading specialty coffee companies.
Green Mountain Coffee Roasters’ innovative brewing technology and socially responsible business practices helped to establish the company as a leader in the specialty coffee industry. Green Mountain Coffee Roasters maintains two business units: a “Specialty Coffee Business Unit”, which includes the Green Mountain Coffee® and Tully’s Coffee® brands, and the Keurig Business Unit, famous for it’s one cup coffee maker. Over 1400 people are employed Green Mountain.
The Company has delivered double-digit net sales growth for the last 27 consecutive quarters. And, since the acquisition of Keurig, Incorporated in 2006, the Company has seen accelerated net sales growth of over 39% for the most recent 12 consecutive quarters. In 2009, GMCR acquired the Tully’s Coffee brand and wholesale business, which provides the Company with a complementary West Coast brand and business structure.
Green Mountain Coffee Roasters, Inc. is a publicly traded company listed on the NASDAQ as GMCR.
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