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Anchor Glass signs deal with soft drinks suppliers

Anchor Glass Container Corporation announced 7 October 2005 that it has entered into a new long-term agreement with Snapple Beverage Corp. and Mott“s LLP to continue to supply their glass requirement…

Anchor Glass Container Corporation announced 7 October 2005 that it has entered into a new long-term agreement with Snapple Beverage Corp. and Mott“s LLP to continue to supply their glass requirements through the year 2008 for certain items in their product lines including Snapple, Yoo Hoo, Nantucket Nectars, Mistic and Mott“s items. “Completing this contract is an extremely important step in our restructuring process,” said Mark Burgess, CEO of Anchor. “We are excited about continuing our relationship with this very important customer and look forward to supplying quality glass containers to Mott“s and Snapple for the next several years”. Anchor Glass Container Corporation is the third largest manufacturer of glass containers in the United States. The corporation filed on 8 August 2005 to reorganize under Chapter 11 in US Bankruptcy Court in Tampa, listing assets of USD 661.5 million and debts of USD 666.5 million in the filing.

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