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BB DD thread - this is the place to post true dd on bulletin board
companies -
After reading over 10,000 posts on SI i came across the perfect post.
I never knew what i was looking for on si until i found this post.
If everyone on si adhered to the standards of this post there would be far
fewer hypsters and bashers.
If you have done research on any bb stock and it is verifiable by all
post it here.
This is the former home of WAMM feel free to contribute dd or get a wamm#
Message 5685721
all are welcome
Cav
AC FLYER GREATEST POST I EVER SAW
TCBG DUE DILIGENCE...
Sweet-Ripe Drinks, Mississauga, Ontario, Canada (905) 670-0638:
I spoke with Helen Gillespie, Vice President of Contract Packaging Services
at Sweet-Ripe Drinks, Ltd. on Monday, 8/24/98. Ms. Gillespie made the
following comments concerning TCBG:
"Sweet-Ripe Drinks is a private company operating three beverage packing
plants."
"The Children's Beverage Group is a new customer of Sweet-Ripe."
"There are two TCBG Volpak machines currently in a Sweet-Ripe plant. One
machine is completely installed. Installation is nearing completion on the
second machine."
"Sweet-Ripe has executed production runs on one Volpak machine."
"Sweet-Ripe will be installing and operating three or four Volpak machines
in total for The Children's Beverage Group."
"The Volpak beverage pouch technology is proven in Europe but is new to the
U.S."
"We are excited by our relationship with The Children's Beverage Group."
Following this discussion, I talked with Jean-Pierre Perrault, TCBG's Vice
President of Manufacturing. He made the following comments:
"Two Volpak machines will be in production at Sweet-Ripe by Wednesday,
August 26."
"TCBG is holding quite a large order for Wal-Mart. We are waiting for film
(the packaging material itself), which we need in order to begin Wal-Mart
production."
"Wal-Mart is a four machine account."
"Tetrapak machines have a production rate of 105 packs/minute. We are
initially operating the Volpak machines at 107 pouches/minute. We plan to
increase production rate to 112 pouches/minute.
"End-of-line packaging at Sweet-Ripe will initially be done manually"
"We will be installing robotic packaging equipment at Sweet-Ripe in
November. The packaging equipment vendor is Prototype Equipment Corp. of
North Lake, Illinois." - (I have not checked this out - AC)
Jean-Pierre also stated that Cliffstar will be installing TCBG Volpak
machines at two Cliffstar locations - Joplin, MO and Fontana, CA.
Daymon Associates, Stamford, CT (203) 352-7500
By talking with support/administrative personnel, I was able to identify the
individual at Daymon Associates who is handling the TCBG account - Mr. Rob
Albrecht, a Business Manager. When I spoke with Mr. Albrecht on 8/25/98, he
responded that it is Daymon Associates' company policy not to discuss client
relationships, and he referred me back to TCBG.
Cliffstar Corporation, Dunkirk, NY (716) 366-6100
I spoke with Sean McGirr, Senior Executive Vice President of Cliffstar
Corporation on Monday, 8/31/98. Mr. McGirr made the following comments
concerning TCBG:
"We have an agreement in place with TCBG to produce, market and sell their
beverage pouches, which will be primarily private label."
"We are in the process of installing 5 or 6 (Volpak) machines in two of our
plants, Fontana, CA and Joplin, MO. Four machines are currently on the
premises, a couple more are on the way."
"We intend to have 8 to 10 machines installed and operating by the end of
the first half, 1999"
"The (July 24) press release notwithstanding, I'm actually pretty excited
about it" - (the TCBG relationship).
Wal-Mart, Bentonville, AK (501) 273-4000
I spoke with Bob Anderson, Vice President, Private Label For Wal-Mart on
Monday, 8/31/98. Mr. Anderson made the following comments concerning TCBG:
"The roll-out of TCBG product under Wal-Mart's Great Value brand will be in
about 60 days."
"TCBG product will be initially going into Wal-Mart's Supercenters. No
decision has yet been made concerning a company-wide roll-out."
"Wal-Mart has about 2,400 stores of which about 500 are Supercenters."
"Supercenters are approximately 110,000 square feet, of which 40,000 square
feet is food and beverage items."
"If this item (TCBG's pouch) does well, and they continue to drive cost out
of it, we will certainly consider a company-wide roll-out."
"If I didn't think this was a good idea, I wouldn't have done it."
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