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Coffee Holding Co. to close MA plant by Oct 2025, shift production to NY due to declining sales and losses.
Coffee Holding Co. will close its North Andover, Massachusetts, facility by October 2025, shifting production to New York amid declining sales of its Harmony Bay brand due to supermarket space reductions for regional products.
The move aims to cut costs and boost efficiency, though the company posted a $1.2 million net loss in its latest quarter due to derivatives losses.
Meanwhile, Suntory Beverage & Food is closing a French factory as part of a restructuring to improve efficiency amid falling sales.
In the UK, Carlsberg Britvic is set to launch Poppi, a US prebiotic soda brand acquired by PepsiCo for $1.95 billion, in early 2026, capitalizing on demand for healthier beverages.
Constellation Brands’ CEO remains cautiously optimistic about a market bottoming out, though Hispanic consumer spending and construction activity in California continue to challenge performance.
Coffee Holding Co. cerrará la planta de MA para octubre de 2025, trasladando la producción a Nueva York debido a la disminución de las ventas y las pérdidas.