Crane to close St. Louis manufacturing facility

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					                                                                                      VENDINGMARKETWATCH




▶   PepsiCo Inc. signs                     combined with the bottle deposit
    distribution deal with                 would cost members approximately
                                           $37,551 for every $1 million in sales.
                                                                                         People in the News
    Rockstar Energy Drink
PepsiCo Inc. announced a multi-year                                                      DENNIS HOGAN SUCCEEDS MIKE KISER
                                           ▶   Crane to close St. Louis                  AS CANTEEN’S CHIEF EXECUTIVE
distribution agreement with Rockstar
                                                                                             After a career that
Energy Drink. Rockstar will be dis-            manufacturing facility                    spans 31 years in the
tributed by The Pepsi Bottling Group       Crane Merchandising Systems will              industry, Mike Kiser,
                                           close its St. Louis, Mo. area manu-           CEO of Canteen
                                                                                         Vending Services Inc.,
                                           facturing facility and consolidate its
                                                                                         has decided to retire
                                           vending equipment manufacturing               Dec. 31, 2009. Ef-             Hogan
                                           operations in Williston, S.C. The             fective immediately,
                                           consolidation will facilitate additional      Dennis Hogan, senior vice president
                                                                                         of finance of Compass Group North
                                           operating synergies by establishing a
                                                                                         America, will assume responsibil-
                                           manufacturing super center capable            ity as CEO of Canteen. Kiser will
(PBG), PepsiAmericas, Pepsi Bot-
                                           of producing any type of vending or           continue to support Canteen during
tling Ventures and other independent
                                           foodservice dispensing equipment              this transition through the remainder
Pepsi-Cola bottlers in most of the                                                       of the year. Prior to this appointment,
                                           ranging from cold and hot beverage
U.S. and all of Canada.                                                                  Hogan held the position of senior vice
                                           machines to food, snack and combi-
    PepsiCo has purchased rights to                                                      president of finance and was acting
                                           nation product merchandisers.                 CFO from 2002 to 2003. He joined
function as master distributor, offering
                                               The consolidation will occur in           Compass Group in 1996 as a senior
Rockstar products exclusively through
                                           phases with selected machinery and            manager of strategic planning.
its bottling system in all trade chan-
                                           assembly lines moved in an orderly
nels. Rockstar will retain research and                                                  SANDENVENDO NAMES FRANK KABEI
                                           manner. Orders will be submitted
development, marketing and manufac-                                                      CEO OF SANDENVENDO AMERICA INC.,
                                           through the same channels and will            REPLACING MICHAEL BARONE
turing accountabi
				
DOCUMENT INFO
Description: Crane Merchandising Systems will close its St. Louis, Mo. area manufacturing facility and consolidate its vending equipment manufacturing operations in Williston, S.C.
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