Plexus (PLXS) In Deal With Coke to Manufacture Coca-Cola Freestyle Fountain Dispenser
Plexus Corp. (Nasdaq: PLXS) is partnering with The Coca-Cola Company (NYSE: KO) to manufacture Coca-Cola Freestyle(TM), a new proprietary fountain dispenser that utilizes innovative technology to dispense more than 100 different branded sparkling and still beverages from a single freestanding unit.
The Coca-Cola Company will leverage Plexus' global supply chain, manufacturing solutions and expertise in engineering services to bring this revolutionary product to market. Plexus first referenced this program as a new confidential mechatronics win in its 2008 fiscal year-end earnings press release.
Todd Kelsey, Sr. Vice President-Global Customer Services, commented, "We are excited to add The Coca-Cola Company as a customer in our Industrial/Commercial market sector. We believe this relationship further validates the opportunities that are attainable within the mechatronics space through our sector-based go-to-market strategy. We are focused on the successful launch of this program and look forward to leveraging our Product Realization Services to assist The Coca-Cola Company in the future evolution of this product technology."
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