June 18, 2015 |
A developer of former industrial spaces announced Tuesday that it will soon finalize a deal to purchase the closed Ocean Spray plant in Bordentown and that it already has lined up its first tenant - another beverage bottler. Modern Recycled Spaces of Hamilton, Mercer County, has reached an agreement valued "in excess of $10 million" with the Ocean Spray cooperative to buy the 480,000-square-foot plant, said Daniel Popkin, the developer. He said settlement is expected to be this month.
December 9, 2014 |
The problem is not having too much of a good thing. It's knowing what to do with it. Cranberry growers have had abundant harvests over the last few years, flooding the market with fruit now finding its way into new products and markets. Nationally, they produced 8.5 million 100-pound barrels of cranberries this year, compared to 6.8 million in 2010, according to the U.S. Department of Agriculture. The 700 cranberry and grapefruit growers in the big Ocean Spray agricultural cooperative in New Jersey and other states as well as Canada and Chile turned out 7 million barrels, a steep rise over the 4.9 million in 2010.
March 7, 2014 |
BORDENTOWN After more than 70 years of producing cranberry juice in this small community, Ocean Spray will begin closing its plant to prepare for a move to a new facility in Upper Macungie, Pa., next month. "As we ramp up operations in Lehigh Valley this spring, we will begin a ramp-down in Bordentown," said Kellyanne Dignan, a spokeswoman for Ocean Spray Cranberries Inc., based in Massachusetts. "We expect some operations and personnel to remain through the summer and have communicated to our employees and local officials that there will be phased layoffs over the next six or so months.
November 16, 2012 |
IT MAY BE the Elmer Fudd of poultry, but the turkey can be a downright terrifying bird. As Thanksgiving bears down on home chefs everywhere, mocking images of Norman Rockwell perfection are enough to give even a confident cook a case of the jitters. There's just so much expectation stuffed into that bird, not to mention a table full of armchair quarterbacks eager to critique this most American of repasts. Thankfully, there are turkey-day experts to come to the rescue. We huddled with folks schooled in all things Thanksgiving, wise in the ways of roasting, pie making and sides.
May 18, 2011 |
In Bordentown City, known for its popular cranberry festival, the decision by Ocean Spray Cranberries Inc. to move its plant to Pennsylvania, far from the bogs, has left a bitter aftertaste. "I don't know what we're going to call the festival now - the 'apple pie'?" Mayor Jim Lynch said sarcastically, following the farm cooperative's recent announcement that it would relocate its juice processing and bottling operation to the Lehigh Valley. Nearly $40 million in tax breaks, grants, and low-interest loans were offered by state and local agencies to get Ocean Spray to stay, say government officials.
May 6, 2011
Pep Boys says it has agreed to pay $41 million in two separate deals to add 92 stores in Florida, Alabama, Atlanta, and Seattle. Pep Boys is purchasing Big 10 Tires & Automotive, with 85 stores, from owner Sun Capital Partners. Morgan Joseph TriArtisan L.L.C. advised Pep Boys on the deal. The deal follows Pep Boys' purchase this year of seven Big O stores in the Seattle-Tacoma area. "It's time to grow again," chief executive Michael Odell told me. Since he took over in 2008, Odell and his team have bought neighborhood garages, ex-muffler franchise sites, and other locations and reopened them as tire-and-service shops - boosting the store count from around 560 to more than 700, including the latest deals.
October 18, 2009 |
Under a steel-gray sky, workers waded through the swirling mosaic of red, pink, and yellow cranberries at a Burlington County bog last week as wide-eyed onlookers snapped photos. A year's worth of labor had come down to this moment, when the Lee family and its helpers, filled with excitement and a sense of urgency, began the autumn harvest ritual. They pushed the berries across the water toward a vacuum that moved the fruit through a hose, then onto a conveyor and into a storage bin, as visitors and a class of college students watched from a gravel road.
July 16, 2004 |
State and federal farm officials scattered across Burlington County yesterday to assess what appeared to be devastating damage to some of the crops. Of particular concern are 3,000 acres of cranberry bogs, many of them flooded, putting the fruit at risk of rotting before the normal fall harvest. Burlington County contributes more than 90 percent of the crop in New Jersey, the No. 3 state in cranberry production. Farmers and officials cautioned that the extent of the crop's loss or the potential for its survival might not be known for a week or more.
June 9, 2004 |
Ocean Spray cranberry growers rejected a proposal yesterday by PepsiCo Inc. to buy a stake in the cooperative, voting instead to remain independent and farmer-owned. The vote - 52 percent against pursuing the venture - ended a yearlong courtship by the food and beverage behemoth that would have given PepsiCo half-ownership of the Lakeville, Mass.-based Ocean Spray Cranberries Inc. About 925 farmers, including those in New Jersey, narrowly rejected the offer. "The 'no' verdict on the Pepsi deal means the board of directors will cease all talks with PepsiCo and other potential equity investors, focusing all efforts instead on working with management to build the Ocean Spray business for the future," Ocean Spray officials said in a written statement.
December 24, 2003
State fruit delay may have reelection connection Micah Rasmussen, Gov. McGreevey's spokesman, says the governor has yet to take a position on a bill that would establish the lowly blueberry as the official state fruit ("Blueberry wins Senate's backing to be N.J. state fruit," Dec. 10). The state Senate approved the measure almost unanimously (35-1), and Assembly passage in June was unanimous. So what's the holdup with McGreevey? He has an eager group of kids from Monmouth County cooling their heels while he tries to make up his mind.