Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

BUSINESS BRIEFS [Derived Headline]

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

BUSINESS BRIEFS [Derived Headline]

Article excerpt

American Beverage Corp. set to be bought by Harvest Hill

A Connecticut company has agreed to buy American Beverage Corp., which makes Little Hug Fruit Barrels and other products in Verona, for about $55 million. Harvest Hill Beverage Co. of Stamford, Conn., was formed last year to buy the Juicy Juice brand from Nestle USA, according to the announcement from private equity firm Brynwood Partners VII L.P. in Greenwich, Conn., the majority owner of Harvest Hill. The acquisition is expected to close in the first half of the year. American Beverage also makes Guzzler products and Daily's cocktail mixers. The 337-employee company is based in Rye Brook, N.Y., with plants in Verona and Phoenix.

29-worker PPG glass factory slated for early May closure

PPG Industries plans to close a glass factory in Burlington, Iowa, effective May 1. The plant, which employs 29, manufactures flat glass and custom glass for residential, solar and appliance markets. Employees are being offered opportunities to transfer to PPG glass facilities in Carlisle, Cumberland County, and Wichita Falls, Texas.

List of problem financial firms includes 6 local credit unions

Six Pittsburgh-area credit unions landed on BauerFinancial's list of problem financial institutions for the fourth quarter. They included Beaver Avenue credit union, North Side; Iron Workers, Downtown; Pittco of Pittsburgh, Downtown; Pittsburgh Central, Sewickley; Shacog, Mt. Lebanon; and Teamsters Local 30, Jeannette. Institutions earning two stars or fewer out of five end up on the independent research group's problem list. Each of the local credit unions earned two stars. There were no area banks on the problem list.

StarKist at bottom of ranking from activist group Greenpeace

The major canned tuna suppliers to the U.S. …

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