December 14, 2018

CSRWire.com The Corporate Social Responsibility Newswire

news by category

CSR News

Green Mountain Coffee Roasters joins Ethiopia's new Distributors' Network

Submitted by: Light Years IP

Categories: Fair Trade & Supply Chain, Corporate Social Responsibility

Posted: Nov 06, 2007 – 12:45 PM EST

 

Ethiopian Initiative reaches turning point in US Specialty Coffee Market

WASHINGTON, ADDIS ABEBA - November 6, 2007 - Green Mountain Coffee Roasters signed a Trademark and Licensing Distribution Agreement with Ethiopia, warmly acknowledging Ethiopia's ownership of the coffee brands Sidamo, Yirgacheffe and Harar and expressing its willingness to promote these coffees to American consumers.

Ethiopia's decision to make the licenses royalty-free emphasizes its focus on joint activities to promote and enhance the market awareness and the value of these brands, and to enlist the support of licensees like Green Mountain Coffee Roasters in directly raising the income of small farmers by sourcing coffee at above-market prices through the Ethiopian Distributors’ Network.

"Green Mountain Coffee Roasters has stepped forward and closely followed our work so far. The whole team has clearly shown that it is prepared to work enthusiastically with Ethiopia to help it achieve its goals for this Initiative," said EIPO Director General, Getachew Mengistie today. He continued: "While this is an Initiative with its eyes set on the long-term alleviation of poverty, we feel we have reached an auspicious turning point, as Green Mountain Coffee Roasters is one of the specialty coffee industry leaders to whom many of the hundreds of smaller roasters and retailers look as an example, and with a diverse and dynamic capacity for outreach through its wholesale system," he added.

"It has been extremely gratifying to work with the Ethiopian government to help bring its efforts to fruition," said Rick Peyser, Director of Social Advocacy and Coffee Community Outreach at Green Mountain Coffee Roasters. "We're pleased to support the growth of the Distributors' Network and lend focus to the unique characteristics of specialty Ethiopian coffees and the needs of small farmers in this region."

Green Mountain Coffee Roasters' signing today brings the number of US, Canadian and European companies now in the new network of licensed distributors to 28. Ethiopia aims to sign up 50 companies by May 2008, with more than 25,000 outlets across the USA through which it will begin to promote its coffees, starting at the annual Specialty Coffee Association of America conference held in Minneapolis in May 2008. At this event, Ethiopia will be featured as the Portrait Country, the first African country ever to receive this opportunity.

Notes:
For more information on the Initiative and the Network of Licensed Distributors see the dedicated website: www.ethiopiancoffeenetwork.com.

Contact:
Getachew Mengistie
Ethiopian Intellectual Property Office, Addis Ababa
Ethiopia Contact: 251 115 534 969
gmengistie@yahoo.com

Ethiopian Embassy, Washington D.C.
T: 202-364-1200
www.ethiopianembassy.org/index.shtml

GMCR contact:
Rick Peyser
Green Mountain Coffee Roasters, Waterbury, VT
T: 866-881-7475
Rick.Peyser@gmcr.com
www.GreenMountainCoffee.com

About Green Mountain Coffee Roasters

Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) is recognized as a leader in the specialty coffee industry for its award-winning coffees and successful business practices. The Company sells over 100 high quality selections, including Fair Trade Certified(TM) and organic coffees under the Green Mountain Coffee Roasters(R) and Newman's Own(R) Organics brands. While the majority of the Company’s revenue is derived from its wholesale, direct mail, and e-commerce operations (www.GreenMountainCoffee.com), it also owns Keurig, Incorporated, a pioneer and leading manufacturer of gourmet single-cup brewing systems. Green Mountain Coffee Roasters has been ranked No. 1 on the list of "100 Best Corporate Citizens" for the past two years, and has been recognized repeatedly by Forbes, Fortune Small Business, and the Society of Human Resource Management as an innovative, high-growth, socially responsible company.

For more information, please contact:

Getachew Mengistie Ethiopian Intellectual Property Office
Phone: +1 251 (11) 553-4969
Phone 2: +1-202-547-7515
Rick Peyser Green Mountain Coffee Roasters
Phone: 866-881-7475
Website: www.gmcr.com

 

Issuers of news releases and not csrwire are solely responsible for the accuracy of the content