Big problems bubble up for Coke's little partner Lancer

Article Abstract:

Industry observers are sure that the federal criminal investigations initiated against Lancer, the company that supplies dispensers for cola giant Coca-Cola, will unearth many accounting frauds that the company owners have been, knowingly or unknowingly, party to. It is common knowledge that the company's and Coca-Cola's fortunes are closely entwined but the Lancer brothers who run a tight ship think that they are not guilty of any wrong doing and that they will fully cooperate with all investigations.

United States, Legal issues & crime, Vending, Vending Machine Operators, Automatic vending machines, Merchandising machine operators, Company legal issue, Investigations, LAN, Vending industry, Vending machines industry, Accounting fraud, Lancer Corp.

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Shortage soon could leave tequila lovers high and dry

Article Abstract:

The growing demand for Mexican tequila in the US has led to a rise in the price of blue agave nectar from which the liquor is made. Tequila accounts for 4.9% of the US' $35.8-billion retail market for distilled spirits in the 1990s. Agave prices have increased by as much as 2,000% from Jan 1998 to Jun 2000 while wholesale prices of tequila have gone up between 21 to 61%. Part of the problem lies in the lengthy growing cycle of blue agave, which takes as long as 10 years to mature.

Market information - general, Distilleries, Mexico, Bottled Liquor, Liquor

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