Monterey Pasta Enters Costco's Midwest Division
They are pushing right hard to get their productline in the several stores. Pr is working hard, so I will be surprised with next figures ?
So this is todays release !
Monterey Pasta Enters Costco's Midwest Division
SALINAS, Calif.--(BUSINESS WIRE)--Sept. 8, 1998--Monterey Pasta Company (NASDAQ:PSTA - news), announced it has begun shipping products, including just released ''Restaurant Style Raviolis'' and Gourmet Refrigerated Meat Sauces to Costco's Midwest Division.
''We have been a long term supplier to Costco in many of their divisions,'' said Lance Hewitt, President and Chief Executive Officer of Monterey Pasta company. ''The importance of this announcement is the significance of being invited into Costco's growing territory,'' said Hewitt.
Monterey Pasta also supplies Costco stores in the Northeast and Mid-Atlantic states, in California, the Pacific Northwest, Alaska, Montana, Idaho, and in Canada.
Monterey Pasta manufactures U.S.D.A.-inspected, healthy, fresh gourmet refrigerated fresh pasta and sauces at an integrated 43,680-sq.-foot corporate headquarters and manufacturing facility in Salinas.
This press release contains forward-looking statements that involve a number of uncertainties and risks that could cause actual results to differ materially from those discussed in the forward-looking statements, including risks associated with the retention of key personnel, the risks of food production, continuing to sell in existing retail and club stores and to continue adding new stores, and intense competition in the market in which the company competes.
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