June 6, 2008

Green Mountain Coffee to Open 3rd K Cup Plant in Tennessee

More K Cups are on the way for your Keurig brewer.

Pretty soon the wait will be even less on those hard to get K Cup varieties from Green Mountain Coffee Roasters for your Keurig Elite B40 Brewer, Keurig B50, Keurig Special Edition Ultra Elite B60, Keurig B70 Brewer, Breville BKC600XL Gourmet Single Cup Brewer, and other Keurig K Cup brewers.

On June 2, 2008, Green Mountain Coffee Roasters, Inc. (the "Company") entered into an agreement to buy property in Knoxville, Tennessee (the "Property") for a purchase price of $10,500,000.00. The Property consists of an approximately 334,000 square foot facility on approximately thirty-one acres of land. The Company anticipates that the Property will be used as a new plant with packaging lines for K-Cup portion packs installed in the months after closing and then roasting and other packaging lines in the future.

It's nice to see in this "down economy" single serve coffee on the rise, and Green Mountain providing more jobs and futures for American single serve coffee workers and drinkers everywhere.

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Posted by Jay Brewer at June 6, 2008 9:23 AM
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