Large companies like Nestl‚ have gotten the
message. Among its holdings, the Swiss food giant
owns Perrier and ten American brands, including
Poland Spring and Arrowhead. All together, Perrier
Vittel S.A. has some 27% of the U.S. market.
Suntory Water Group, the U.S. arm of the giant
Japanese brewing company, is also growing
through acquisition. McKesson, and Great Brands
of Europe-part of Groupe Danone, the French food
giant-are major factors, too.
PepsiCo's already got an entry, Aquafina. Rumors
abound about Coke joining in.
If you want a pure play in bottled water, there's
Vermont Pure, a small regional company. Based in
Randolph, Vt., it is selling at around $2 a share in
the over-the-counter market. "In three years we've
gone from $6.5 million sales and a $4 million loss
to over $17 million sales and making money," says
Timothy Fallon, president and chief executive
officer.
Thank you for adding this, it only helps our position, Lets see, Nestle, Pepsi, and Coke are getting into bottled water, very interesting considering you nays claimed there was no money to be made here, now you all really look the fools, contradicting yourselves again. Perrier bottled in France, shipped overseas to America, no way RMIL can compete with that, it is far more expensive to ship to california from wyoming than from France. |
