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Lavazza considering new acquisitions to help boost turnover, says CEO

MILAN – Italian coffee maker Lavazza is considering new acquisitions in a bid to increase its turnover to 2.2 billion euros over the next four years, CEO Antonio Baravalle said on Tuesday. Sales at the family-owned company rose 29 percent to 1.9 billion euros last year following the acquisition of French coffee brand Carte Noire and ...

La Marzocco launches its first Career Camp in Scarperia, near Florence

SCARPERIA, Italy – La Marzocco is excited to announce it has hosted 43 candidates at its home in Scarperia for the first ever La Marzocco Career Camp, a 2-day on-site interdepartmental recruiting program and adventurous experience for all those involved. Tents were set outside the factory for all those who came from the other end of ...

Nestlé inaugurates CHF 145 million Nescafé, Maggi factory in Dubai

DUBAI, United Arab Emirates – Nestlé has today inaugurated its new Al-Maha factory in Dubai, producing Nescafé coffee and Maggi cooking aids for the local and regional market. Now operating at full capacity, the site employs 340 people from 20 countries. 60% of the team are under 30 years of age.

Some Starbucks suffered from a payment outage after company updates

MILAN – A glitch in a software update caused cash registers at some U.S. and Canadian Starbucks Corp. stores to go offline for several hours on Tuesday. The coffee chains' payment system was down and baristas were unable to complete transactions. "As part of our normal course of business, overnight we worked to install a technology update

Monforte: “Proudly satisfied of our participation at TUTTO FOOD 2017”

MILAN – “I’ve been positively surprised by the sincere interest of visitors for our Organic and quality certified coffee blends” commented the Sole Administrator of Torrefazione Monforte Srl company, Mrs. Magda Katsoura Colozza, when giving her feedback about TUTTO FOOD 2017 International exhibition concluded last Thursday in Milan.

UTZ Coffee program grows in reach and market uptake, new report shows

AMSTERDAM, The Netherlands – Over 2016 the UTZ coffee program continued to grow in reach and market uptake. New and growing commitments to source certified coffee by partners in Europe and the US resulted in a 35% increase in first buyer sales. Seventeen out of 20 top buyers also enlarged their volumes.

Peet’s Coffee announces tuition reimbursement plan for employees

CORVALLIS, Ore., U.S. – Oregon State University and Peet’s Coffee, The Original Craft Coffee, yesterday announced the Peetnik Pathway to College Program, a tuition reimbursement plan that gives thousands of the specialty coffee company’s employees access to OSU’s top-ranked online education.

Farmer Bros. Co. to present at the 18th Annual B. Riley Conference

NORTHLAKE, Texas, U.S. – Farmer Bros. Co. yesterday announced that it will present at the 18th Annual B. Riley Conference at the Loews Santa Monica Beach Hotel in Santa Monica, California, on Wednesday, May 24, 2017 at 2:30 p.m. PT (5:30 p.m. ET). Participating at the conference will be Michael H. Keown ...

SPoT Coffee announces increased debt conversion into common shares

TORONTO, Canada – SPOT COFFEE announces that its previously announced conversion of principal amount under the terms of two convertible debentures has been increased, as the holder of these debentures has agreed to convert the full principal amount of these debentures into common shares ...

U.S. green coffee stocks rise in April for fifth straight month, says GCA

NEW YORK – U.S. green coffee stocks in warehouses in all ports of the United States rose for the fifth straight month in April, Green Coffee Association (GCA) data showed on Monday. Stocks were up by 165,497 60-kg bags to 6,890,354 bags for the month ending April 30.

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