It had grown from number six to number two among makers of single-serve juices and drinks. The first cranberry juice recipe dates back to 1683. One of the most important developments for Ocean Spray came in 1985 with its acquisition of Milne Fruit Products, Inc. of Prosser, Washington. Among the products introduced by Cranberry Canners during the 1930s were Cranberry Juice Cocktail and Ocean Spray Cran, both tart-tasting forerunners of later, sweetened juice and juice concentrate products. learn how over 7,000 companies got started! Lots of recipes to make cranberries the ingredient that gives a special touch to your meals and drinks! On November 9, 1959, the newly-named Ocean Spray Cranberries, Inc. was faced with its first major crisis. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. A minor setback occurred in 1979 when the Federal Trade Commission, as part of an investigation of all agricultural cooperatives, threatened an antitrust action against Ocean Spray. Email Us All of us at Ocean Spray appreciate your message and will do our best to respond in a timely manner. With PepsiCo, Ocean Spray that same year launched Breakers, a soft drink with 2 percent juice and available in three flavors. Keep out of your mouth and eyes (may burn). The result was a state-of-the-art software program called CoverStory that offered market information from universal product code (UPC) figures and trends. Now £103 on Tripadvisor: Ocean Spray Hotel, Miami Beach. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. Ocean Spray is committed to protecting your privacy. On that day, the Secretary of the Department of Health, Education and Welfare announced that residue from the potentially cancer-causing weed killer aminotriazole had been found in cranberries produced in Washington and Oregon. In 1930, Elizabeth F. Lee … This agreement offered Ocean Spray a relatively inexpensive opportunity to increase its individual serving segment, which at the time of the agreement accounted for roughly $100 million in sales, through vending machine, convenience store, and related outlets. During that same year, the company also began marketing fresh cranberries, in cellophane packaging, for the first time. Please. A leader in the marketing of shelf-stable juice drinks, Ocean Spray Cranberries, Inc. is responsible for 75 percent of the cranberries sold worldwide. 433 talking about this. Ocean Spray and Warner-Lambert joined forces to debut Fruit Waves hard candy in 1994. Ocean Spray Cranberries, Inc. is a marketing cooperative owned by almost 1,000 cranberry and grapefruit growers in the United States and Canada. Company profile page for Ocean Spray International Inc including stock price, company news, press releases, executives, board members, and contact information Ocean Spray was formed in 1930 by three cranberry growers with a simple love of cranberries. For close to 90 years, Ocean Spray, its family-farmer owners, and our team members have had a long-standing passion for health, taste and authenticity in all our products. Other innovations included techniques to boost crop yields and forecast harvest results. Instagram and parent company Facebook ripped off Stories -- … In March 1998 the co-op announced that it had signed tennis star Martina Hingis to a three-year spokesperson contract. Prices are calculated as of 28/12/2020 based on a check-in date of 10/01/2021. Exports to Europe also began during this era. Throughout colonial times, cranberries also became widely used in tarts, preserves, and sauces. He began applying sand manually and found he could grow cranberries that were larger and juicier than those found elsewhere. In 1991, Refreshers Fruit Juice Drinks and Ruby Red Grapefruit Juice Drink came on line. In August of that same year, however, the partnership once again appeared threatened when Ocean Spray said that it might attempt to block PepsiCo's proposed $3.3 billion acquisition of juice maker Tropicana Products from the Seagram Company Ltd. Hingis' first promotion for Ocean Spray involved the 1998 debut of Ruby Red & Tango Grapefruit Juice Drink, the third member of the Ruby Red line. Surprisingly, Ocean Spray and PepsiCo announced in March 1998 that a three-year extension had been reached on the distribution agreement. Since that event, Ocean Spray has become an industry leader in promoting environmentally sound operations, and has spent more than $26 million upgrading waste-treatment facilities. Led by lawyer and grower Marcus L. Urann, the three began coming up with new and innovative products made from cranberries. All of us at Ocean Spray appreciate your message and will do our best to respond ... please have a parent or guardian submit your request. As consumers became more health conscious during the 1960s and 1970s, the Ocean Spray formula for success struck a responsive chord. You are giving us permission to use your personal data for this purpose when you submit the form. Grocers were forced to take all suspect products off their shelves. During the past decade, Ocean Spray has burst from obscurity to become one of the acknowledged innovators in the beverage industry. Urann headed the Ocean Spray Preserving Co. of South Hanson, Massachusetts, and was one of the principal proponents behind a merger of similar companies to form a large, powerful cooperative. The innovation captured a new segment of the juice-drinking public, children, and has since become a staple of the Ocean Spray product line. With the 1940s and the addition of Wisconsin, Oregon, and Washington growers to the cooperative, the product line expanded to include dehydrated cranberries (for U.S. troops) and cranberry-orange marmalade. Under John S. Llewellyn Jr. (who took over as president and CEO in 1987 from Harold Thorkilsen), Ocean Spray became a billion-dollar company by 1992 and continued to build on its strong brand image. Among such pioneers were Benjamin Thomas and John Webb. In July 1998 Ocean Spray acquired Sydney, Australia-based Processing Technologies International, a leading food technology research company and holder of the patents to the technologies used to create Craisins. Surprise your taste buds with the sweet, delicious taste of Craisins® As consumers, we often take for granted all the hard work that goes into building a great company. Ocean Spray's main competitors include Arizona Beverages, Dole Food Company, Wonderful Company, Spelmonden Estate and Aspall. New marketing avenues needed to be explored if the high demand for cranberries were to be revived. John C. Makepeace and Elizabeth F. Lee, the other two owners involved in Urann's proposed merger, joined Urann in signing a certificate of incorporation in June 1930. campaign. With demand outstripping supply for craisins, Ocean Spray decided in November 2006 to expand in the state of Wisconsin at the site of Ocean Spray’s existing facility in Wisconsin Rapids, the former Northland Cranberry plant purchased in 2004. Toll-free at 1 800 626 338. Cranberries quickly became known as "cancer berries" and hopes for any profits from that year's holiday sales were dashed. 1.7M likes. Ocean Spray Cherishes its Past and Present in Celebration of International Women's Day LAKEVILLE-MIDDLEBORO, Mass., March 7, 2019 /PRNewswire/ -- Ocean Spray values its deep-rooted legacy of powerful women in the workplace. The co-op fought vigorously to retain the title during the decade, as new competitors entered the fray, with a growing number of product introductions, including Mauna-La'i, a guava-lemon drink; Firehouse Jubilee, a tomato drink; Ocean Spray Liquid Concentrates; and Cranberry Fruit Sauces. Throughout the 1990s Ocean Spray rolled out a steady stream of new products. Small, reddish, and distinguished by a strong, bitter flavor, the cranberry was first used by various Native American tribes in the New England area to make dyes as well as a high-energy food called pemmican: a concentrated mixture of dried venison, fat, and cranberries shaped into cakes. Ultimately, Ocean Spray was fined $400,000; the company also donated $100,000 in water-treatment equipment to the town of Middleboro. The NCA, with a membership nearly double that of its modern-day variant, continued to sustain itself throughout the 1950s principally as a seasonal business that revolved around the Thanksgiving and Christmas holidays. About us. To become an equal power in single-serve sales, Ocean Spray would have to spend millions building a distribution system.". In the area of market research, crucial in a brand-driven industry, Ocean Spray decided to take advantage of new database technologies by entering into a joint venture with Information Resources of Chicago. Discover. Source: International Directory of Company Histories, Vol. Try this great product from Ocean Spray. Our consumer affairs representatives are ready to answer any questions you may have about the company, our products, programs, recipes and more. Of course, cranberries are still at the core of everything we do. 25. Apply for Ocean Spray Cranberries, Inc. jobs, learn about the culture, read reviews and more. A program called Right Turn Only (RTO), dedicated to quality improvement, problem-solving, and teamwork, was adopted to aid Ocean Spray in remaining competitive while fostering an open working environment. Their products include cranberry sauce, fr… The company had 470 employees working at … Once known only as a seasonal cranberry sauce business, Ocean Spray now markets blended juice drinks, bottled juices, juice concentrate, fresh fruits, and several other items to both retail and food service outlets year-round. The co-op believed that the purchase violated its agreement with PepsiCo. Growers from another state in which the cranberry was native, New Jersey, soon followed Hall's lead. Treat yourself with Ocean Spray®! Use Ocean Nasal Spray (sodium chloride nasal) as ordered by your doctor. In January 1997, Llewellyn retired as president and CEO of the co-op and was replaced by Thomas E. Bullock after a 16-month transition period. Since its beginning, the company has functioned as a grower-owned agricultural cooperative; however, its strong emphasis on new product introduction, advertising, and packaging places it in direct competition with many publicly owned companies. Ocean Spray is an American agricultural cooperative of growers of cranberries and grapefruit headquartered in Plymouth County, Massachusetts. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. A leader in the marketing of shelf-stable juice drinks, Ocean Spray Cranberries, Inc. is responsible for 75 percent of the cranberries sold worldwide. Ocean Spray's stock is held by some 250 grapefruit growers in Florida and nearly 700 cranberry growers in Massachusetts, New Jersey, Wisconsin, Oregon, Washington, and Canada. Email Us. Between 1963 and 1968 the company committed itself to the consumer drinks market with Cranberry Juice Cocktail, Cranapple, and Grapeberry (later changed to Crangrape). Ocean Spray Cranberries, Inc. is a marketing cooperative owned by almost 1,000 cranberry and grapefruit growers in the United States and Canada. A free inside look at company reviews and salaries posted anonymously by employees. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. By the mid-twentieth century, mechanical pickers were invented to replace manual procedures, and soon wet-harvesting techniques were developed to take advantage of the cranberry's natural buoyancy. Gelsthorpe's answer, unpopular at the time, was to emphasize juice drinks under the Ocean Spray brand. Most importantly for its parent company, Milne tripled in size from the acquisition through the early 1990s and became a significant generator of non-patronage revenue, which was reinvested in the cooperative for future expansion. While the cooperative reformed itself environmentally, it was also in the process of analyzing all of its internal operations. Enjoy the crisp, clean taste of cranberries from Ocean Spray®. 1 talking about this. Because of the ill-timed announcement--just prior to Thanksgiving--Ocean Spray's entire cranberry business was in jeopardy. The history of Ocean Spray is naturally tied to the history and lore of the cranberry, an unusual Native American wetland fruit. Urann, as president and general manager, assumed responsibility for advancing the cooperative by meeting with and encouraging growers and by enlarging the demand for cranberries. Write Us. Ocean Spray also increasingly sought out joint ventures to extend its product line. Email Us. Urann reasoned that a merger would erase the stiff competition he faced from the Makepeace Preserving Co. of Wareham, Massachusetts, and The Enoch F. Bills Co. of New Egypt, New Jersey. By the mid-1970s the cooperative was on the fast track to achieving Fortune 500 status and appeared all the more healthy after its bold expansion into grapefruit growing. 233 Ocean Spray reviews. By the mid-1980s, the company had reached annual revenues in excess of $500 million. About us. All rights reserved. Principal Subsidiaries: Milne Food Products, Inc.; Nantucket Allserve Inc.; Food Ingredients Technologies (Australia). Call Us. The company also improved its distribution system, expanded its marketing to food services, and capitalized on the Cape Cod tourist industry by attracting millions of visitors each year to its headquarters and museum near Plymouth Rock. The personal data you provide on this form will be used to send you emails about our products and kept for no more than 2 years. In no event shall stockzoa.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content available on stockzoa.com, or relating to the use of, or inability to use, stockzoa.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. With a legacy that began in 1930, we're transforming to a company with a deliciously diverse selection of products. Preserving a strong brand image, perfecting production forecasting techniques, and promoting operational efficiency have all led the cooperative to its position as the leader producer of canned and bottled juices and juice drinks in North America. The Ocean Spray name was conceived by a Boston lawyer named Marcus L. Urann, who gained a reputation as the "Cranberry King" for a cranberry sauce he packaged in tins and marketed under the brand as early as 1912, as well as for his later promotions. The co-op joined with Nabisco in 1993 to market a cookie called Cranberry Newtons. Craisins® Dried Cranberries. Ocean Spray is an agricultural cooperative owned by more than 700 cranberry and grapefruit farmers in the … Formed in 1930, Ocean Spray is now the world’s leading producer of cranberry juices, juice drinks and dried cranberries and is the best-selling brand in the bottled juice category. These deals proved that Ocean Spray was not going to rest on its cranberry laurels. Find cranberry juices, recipes, and more information about cranberry health and our farmers. Since then, the Ocean Spray cooperative has grown to more than 700 grower families all across North America. Track 13F-HR Filings for Hedge Funds and Value Investors. ¡Bienvenido a la página oficial de Facebook de Ocean Spray! There are no current stakeholders of Ocean Spray Cranberries Inc p. This is normal when the security: Has been acquired or taken private; Has merged with another entity; Has changed its name and has a new CUSIP (and/or symbol) Has been delisted and the ticker has changed; Please use Search to find the security you were looking for. Cranberries were believed to have been present at the first Thanksgiving feast in 1621. Our consumer affairs representatives are ready to answer any questions you may have about the company, our products, programs, recipes and more. Read all information given to you. Ocean Spray also placed a high premium on effective advertising, signing Sarah Ferguson, the Duchess of York, in 1996 for the "It's Your Zing!" For years, social media platforms have blatantly copied some of Snapchat's most creative features. Ocean Spray is an idyllic luxury resort, showcasing nature at its very best. The co-op, which renamed the acquired company Food Ingredients Technologies (Australia), planned to take the process used to create Craisins and apply it to numerous other fruits and vegetables, mainly to create ingredients for sale to other food companies. The following year saw the introduction of Cranberry English Muffins, a venture with Thomas' English Muffins. During the 1850s, cranberry cultivation spread to Wisconsin; three decades later, farmers in both Washington and Oregon began establishing cranberry bogs of their own. Although the co-op's new president, George C. P. Olsson, rightly asserted that the purported danger was nonexistent, it was too late to avert the widespread fear that had arisen. Lots of recipes to make cranberries the ingredient that gives a special touch to your meals and drinks! We're proud to be grower owned since 1930. By the end of the 1997 fiscal year, the Ocean Spray-PepsiCo arrangement had helped Ocean Spray achieve $225 million in sales for its single-serving products (out of total revenue of $1.44 billion, or almost 16 percent). The potential for success of this venture appeared large as Craisins had proved to be a smash hit, becoming the fastest-growing product and the number-three brand in the dried fruit market. And Craisins were included in the 1996-introduced Post Cranberry Almond Crunch Cereal. Ocean Spray is a cooperative of more than 700 cranberry producers from North America and Chile. Copyright (c) 2019 Company-Histories.com. The resort gently unfolds around the enchanting beauty of a 5 acre lake, glistening like a dazzling sapphire, mirroring elegant villas, lush foliage, exquisite flora and fauna. Do not take Ocean Nasal Spray (sodium chloride nasal) by mouth. In December 1997 Ocean Spray acquired a major interest in Nantucket Allserve Inc., a juice drink company based in Cambridge, Massachusetts, and famous for its offbeat "Nantucket Nectars" line of single-serve drinks, including Orange Mango and Protein Smoothie flavors. Finally, we can read about how these great companies came about with Company Histories.. No suit was launched, however, and so the company began the 1980s with its $235 million in annual revenues intact. Discover our … Follow all instructions closely. He also soon faced the end of Ocean Spray's five-year relationship with PepsiCo after the soft drink giant announced that it planned to abandon the distribution agreement in May 1998. By 1943 the co-op controlled 15 facilities for production, storage, and distribution. That same year Ocean Spray achieved its ranking as the largest domestic seller of canned and bottled juice drinks. See 497 traveller reviews, 218 candid photos, and great deals for Ocean Spray Hotel, ranked #177 of 237 hotels in Miami Beach and rated 3 of 5 at Tripadvisor. Who bought or sold Ocean Spray this quarter? The following year Cran-Cherry Juice Drink joined the lineup, while Ruby Red & Tangerine Grapefruit Juice Drink was added in 1993. Because of the rising prominence of the cranberry and the Ocean Spray label, the cooperative renamed itself the National Cranberry Association (NCA) in 1946. Nantucket, whose younger clientele complemented the typical consumers of Ocean Spray products, would continue to operate independently. The Department of Agriculture had actually approved the compound in 1958 for use after harvests, but the linkage to cancer and the tests for detecting residues were not established until the following year. However, commercial cultivation of cranberries did not commence until the early 19th century, when Captain Henry Hall began experimenting with cranberry vines in East Dennis, Massachusetts. Meanwhile, Ocean Spray continued to upgrade its manufacturing facilities, combining just-in-time inventory systems and computer integrated manufacturing in a 1995-opened facility in Henderson, Nevada, that increased output without increasing costs. However, since the addition of grapefruit growers to the cooperative in 1976, the company has displayed an increasing tendency to develop a broad fruit-oriented product line to fortify its presence in the consumer market. Highlights of this decade were numerous, and included the incorporation--and then formal assimilation--of Canadian growers; the first Ocean Spray television commercials; the retirements of Urann in 1955, and Makepeace (who had served as secretary-treasurer) in 1957; the introduction of frozen cranberry-orange relish and frozen cranberries; and the final renaming of the cooperative in 1959 to reflect the central importance of the Ocean Spray brand. The innovative, entrepreneurial spirit of our founders remains rooted in our cooperative's culture and our commitment to be a farm-to-family, health and wellness company. It's an exciting time at ocean spray. According to reporter Jon Berry, "The logic behind the New Age partnership is forceful. Compare Ocean Spray to its competitors by revenue, employee growth and other metrics at Craft. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. 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