Folgers New Orleans Coffee Plant at Full Bore - P&G
Monday, November 14 2005 at 14:40
The Folgers coffee plant in New Orleans has resumed operating at full capacity after disruptions from Hurricane Katrina, and retailers should see supply return to normal by early December, a Procter & Gamble Co. vice president said on Thursday.
"Every single week since the hurricane has gotten better than the previous week," Doug McGraw, vice president of global coffee for P&G, told Reuters. "We've been allocating shipments by retailer and that allocation officially ends Dec. 1."
The New Orleans plant, the largest coffee-making facility in the country, produces more than 50 percent of P&G's coffee. P&G controls about 40 percent of the coffee market in the United States, the top coffee consuming nation.
Find more information about operations at Folgers coffee plant after Hurricane Katrina at http://today.reuters.com/investing/financeArticle.aspx?type=bondsNews&storyID=2005-11-11T010011Z_01_N1017600_RTRIDST_0_FOOD-COFFEE-FOLGERS-URGENT.XML.
