Submitted by:Green Mountain Coffee Roasters, Inc.
Categories:Business Ethics
Posted: Sep 28, 2001 – 12:00 AM EST
Green Mountain Coffee, Inc. (NASDAQ:GMCR) announced today that six of the Company's certified organic coffees have received Fair Trade certification from TransFair USA. The Company signed a licensing agreement with TransFair USA in May of this year, to purchase and promote Fair Trade coffees, which guarantee small-scale coffee farmers a fair price for their crop.
The recently certified Fair Trade organic coffees from Green Mountain Coffee Roasters include: Organic Peruvian Select(TM), Organic Mexican Select(TM), Organic Sumatran Reserve(TM), Organic House Blend(TM), Organic Viennese Cinnamon(TM), and a new premium blend, La Esperanza(TM) (available only via catalog and web site). Conservation International has endorsed Green Mountain Coffee's line of Fair Trade certified organic coffees for the manner in which they have been grown. The line is now available at selected Green Mountain Coffee wholesale customers, through the Green Mountain Coffee Roasters mail order catalog, and on the company's web site: www.GreenMountainCoffee.com
Green Mountain Coffee, Inc. is a leader in the specialty coffee industry. The Company roasts high-quality arabica coffees and offers over 60 varieties including single-origin, estate, certified organic, Fair Trade, proprietary blends, and flavored coffees that it sells under the Green Mountain Coffee Roasters(R) brand. The majority of Green Mountain Coffee's revenue is derived from its wholesale operation which services restaurant, supermarket, specialty food store, convenience store, food service, in-room hotel hospitality, university, airline, train, and office coffee service customers. Green Mountain Coffee also operates a direct mail operation and e-commerce website (http://www.GreenMountainCoffee.com) with secure on-line ordering for customers from its Waterbury, Vermont headquarters.
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