Latin America push bears fruit for Ocean Spray

10/3/2013 | American City Business Journals

In the last year, Ocean Spray has purchased a factory in Chile that produces sweetened, dried cranberries and launched sales in Chile, Colombia and Peru through a partnership with PepsiCo in a bid to grow business in Latin America. About 20% of company revenues are currently generated outside North America, and Ocean Spray COO Ken Romanzi said he hopes that will increase to one-third over the next 10 years.

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