Keurig, Incorporated · Reading, MA United States
Company Description
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This link will open in a new window Keurig knows that time is of the essence. It makes a hot beverage system that brews a single cup of coffee or tea in less than a minute. The system uses coffee prepackaged in proprietary "K-cups" designed for use with its machines. More than 40,000 of its brewers are in offices, foodservice locations, and homes. The system was developed in 1998, when the company licensed coffee grower Green Mountain Coffee Roasters to pack its specialty coffees in Keurig's patented K-cup. Other partnerships include coffee roasters Deidrich and Gloria Jean's, Timothy's World Coffee, Van Houtte of Canada, and specialty tea makers Bigelow and Celestial Seasonings . Green Mountain acquired Keurig in mid-2006 for about $104 million. To read the full description, subscribe now.
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Key Keurig, Incorporated Financials
| Company Type | Subsidiary Single Location |
| Fiscal Year-End | December |
| Employees | 185 |
Keurig, Incorporated Executives
12 executives listed for Keurig, Incorporated's Reading, MA location.
| Title | Name & Bio | Contact |
| President | Michelle Stacy | Network |
| VP Manufacturing and Operations | Dick Sweeney | Network |
| VP Finance | John Heller | Network |
Competition
Competitive Landscape for Keurig, Incorporated
Demand is driven by growth in consumer income and by home sales. The profitability of individual companies depends on efficient operations and effective marketing. Large companies have economies of scale in production, marketing, and distribution. Small companies can compete effectively by producing specialty products, subcontracting to the larger manufacturers, or producing name brand goods under contract. The industry is fairly automated: annual revenue per employee is close to $250,000. To read the full description, subscribe now.Top Keurig, Incorporated Competitors
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