Anchor Glass Container Corporation Enters into New Long Term Agreement with Anheuser-Busch, Incorporated

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.

600450 Anchor Glass Container Corporation Enters into New Long Term Agreement with Anheuser-Busch, Incorporated
Date: 18 November 2005

See more news about:

Others also read

Emirates Glass, a Dubai Investment subsidiary, has won a major contract to supply 140,000 square meters of its premium glass to the prestigious development on the Palm Jumeirah, reaffirming its already established reputation as the single most prominent company in the entire regional glass industry.The deal was announced during the company's participation in the prestigious Big 5 show, the largest annual venue for the entire Middle-East glass contracting industry.
Isra Vision Systems AG supplier of machine vision systems, has successfully improved its market position in display glass inspection with a major order totalling 1.8 Mio Euro.
Packagers such as the UK's Rexam and private equity firms are set to vie for pump-sprayer business Calmar, which France's Saint-Gobain (SGOB.
Jain Scientific Glass Works, manufacturers of glassware for laboratories, is importing glass as raw material from China, which was much cheaper than the local product and abundantly available.
The National Lime & Stone Co. will discontinue production of calcined lime early next month at its Carey plant, the company CEO announced Thursday.
The following stocks are moving in Japanese markets today. Prices are as of 12:55 p.m. at the Tokyo Stock Exchange. Stock symbols are in parentheses after company names.

Add new comment