April 2, 2009 |
In rural Chaffee County, Colo., one of the world's largest beverage companies has discovered water it deems fit for a bottle: clean and crisp, with the mountain spring flavor people are willing to pay for. Nestle Waters North America wants to tap an aquifer feeding a pair of springs near Salida, southwest of Colorado Springs, and draw 65 million gallons of water per year to bottle and sell under its Arrowhead brand. But many mountain residents say Nestle should go bottle someone else's water.
February 27, 2009 |
Coca-Cola Co. and joint-venture partner Nestle agreed to pay $650,000 in a settlement with 27 states over claims that Enviga green tea burns calories, resulting in weight loss. Connecticut Atty. Gen. Richard Blumenthal began an inquiry in 2007 seeking evidence that consumers who drink Enviga burn more calories than they take in. Blumenthal, who had said the claim might be "voodoo nutrition," led the coalition of states and the District of Columbia in the settlement.
June 20, 2006 |
If you binge on such high-calorie Nestle products as Dreyer's Grand Ice Cream, Toll House Morsels chocolate chips and Stouffer's macaroni and cheese, the international food giant has just the answer: a Jenny Craig weight-loss center. In a move that lets Nestle play both sides of the weight game, the company said Monday that it would buy the Carlsbad, Calif.-based Jenny Craig Inc. weight-management chain for $600 million.
February 1, 2005 |
Russell Christoff was standing in line at a Home Depot in the spring of 2002 when a woman leaned over and said, "You look like the guy on my coffee jar." Christoff smiled. The Northern California model had been recognized before after appearing in corporate training films and landing a few movie and TV roles. He had even hosted his own program for public television, "Traveling California State Parks." But Christoff had never appeared on a coffee jar -- or so he thought until several weeks later.
December 24, 2002 |
The headquarters building of Nestle USA Inc., a Glendale landmark, has been acquired by an Atlanta-based real estate investment trust for $157 million. Privately held Wells Real Estate Investment Trust bought the 20-story tower at 800 N. Brand Blvd. from Douglas Emmett, a Santa Monica real estate investment and management firm. Emmett, one of the Southland's biggest office and residential landlords, bought the building in 1995 for about $115 million.
December 28, 2001 |
Nestle's long-expected move to acquire complete control of the venture that sells Haagen-Dazs ice cream in the United States gives it more ammunition in its war with Unilever for worldwide ice cream supremacy. But one beneficiary in this clash of the packaged goods titans could be lesser-known Dreyer's Grand Ice Cream Inc., the No. 1 U.S.-based ice cream company, which is partially owned by Nestle, analysts said Thursday.