Anchor Glass Container Corporation (Pink Sheets:AGCCQ) today announced that it has entered into a new multi year agreement with Anheuser-Busch, Incorporated to supply substantially all of their glass requirements in the Southeast Region for their product lines including Budweiser, Budweiser Select, Bud Light, Michelob, Michelob Light and other products.
Anchor expects Bankruptcy court approval of this agreement within 30 days.
"Completing this contract is an extremely important step in our restructuring process," stated Mark Burgess, CEO of Anchor. "We are excited about continuing our relationship with this very important customer and look forward to supplying quality glass containers to Anheuser-Busch."
About Anchor
Anchor Glass Container Corporation is the third largest manufacturer of glass containers in the United States. It has eight strategically located facilities where it produces a diverse line of flint (clear), amber, green and other colored glass containers for the beer, beverage, food, liquor and flavored alcoholic beverage markets.