Electrolit plans first US production facility with $400m investment [Yahoo! Finance]
Keurig Dr Pepper Inc. (KDP)
Last keurig dr pepper inc. earnings: 4/27 04:10 pm
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Source: Yahoo! Finance
The 600,000 square-foot site in Waco, Texas, will be built with an investment of $400m and is expected to be operational early in 2026. More than 200 jobs will be created at the fully automated plant. Electrolit, which entered the US market a decade ago, said the decision to manufacture locally was due to "growing demand across North America”. Its presence in the US was bolstered in 2023 when the company struck a sales and distribution deal with Keurig Dr Pepper (KDP), which noted Electrolit was generating around $400m in sales at the time in the US market. For the upcoming US plant, Electrolit has secured land in Texas Central Park. “We're excited to announce our new US manufacturing facility, marking a major milestone in our growth and commitment to quality,” Electrolit said in a statement. “As we move forward, we remain dedicated to providing the best hydration solutions in the market and are confident that the years ahead will bring even greater innovations and improvem
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KDP
News
- Keurig pushes back Windsor plant shutdown to 2025 [Yahoo! Finance]Yahoo! Finance
- Hint Announces New Leadership and Additional Capital to Support Business Expansion [Yahoo! Finance]Yahoo! Finance
- KDP Declines 10% in 3 Months: Time to Buy, Hold or Sell the Stock? [Yahoo! Finance]Yahoo! Finance
- Three Reasons Why KDP is Risky and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- Keurig Dr Pepper to Participate in Morgan Stanley Global Consumer & Retail ConferencePR Newswire
KDP
Earnings
- 10/24/24 - In-Line
KDP
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- 11/4/24 - Form SC
- KDP's page on the SEC website