Green Mountain Coffee Roasters
Maker of specialty coffees and Keurig machines.
Headquarters: 33 Coffee Lane
Waterbury, VT 05676
Employees: 2,380
CEO: Larry Blanford
Stock Symbol: GMCR
Website: http://www.greenmountaincoffee.com
Career Site
Green Mountain Coffee Roasters is a leading maker of specialty coffees and also known for its Keurig home brewing machines.
GMCR’s operations are managed through two business units:
The Specialty Coffee business unit produces more than 200 varieties of coffee, tea and hot cocoa from its family of brands, including Tully’s Coffee, Green Mountain Coffee and Newman’s Own Organics coffee. The Keurig business unit is a pioneer and leading manufacturer of gourmet single-cup brewing systems and markets its premium patented single-cup brewing systems for consumers at home (AH) and away-from-home (AFH). K-Cup portion packs for Keurig Single-Cup Brewers are produced by a variety of licensed brands, including Green Mountain Coffee and Tully’s Coffee.
The company has 8,000 wholesale accounts and thousands more served indirectly by distributors.
Coffees and teas including K-Cups can be purchased from the company's website along with gift baskets and samplers.
The company has seen its stock increase twenty-fold over the past five years.
In fiscal 2010, GMCR reported sales of $1.35 billion and net income of $79.5 million.
History
Green Mountain Coffee Roasters began in 1981 as a small café in rural Vermont, roasting and serving premium coffee right there on the premises. Demand quickly grew beyond the walls of the café, with local restaurants and inns asking the Company to supply them as well.
While the original café is no longer open, Green Mountain Coffee now has a distribution facility and two production sites in Vermont, and a manufacturing and warehousing facility in Knox County, TN. In 2009, the Tully’s acquisition added manufacturing capability in Seattle, expanding the Company’s national footprint for its manufacturing and distribution efforts.
The company acquired Keurig in 2006.
Benefits
Medical Insurance
Dental Insurance
Vision coverage
401(k) plan - Green Mountain matches 50% up to first 6% of employee deduction for a maximum of 3%.
Paid time off and holidays
Stock purchase plan - 15% off stock price
Life and disability insurance
Education assistance up to $3,000 per year
Flexible spending accounts
Employee assistance program
Employee discount program
Updated May 16, 2011
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