READING, Mass. November 5, 2010 – Keurig®, Incorporated, a wholly-owned subsidiary of Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) has been named one of the Top Places to Work in Massachusetts in the third annual employee-based survey from The Boston Globe. Keurig was ranked sixth in the midsize employer category. The Top Places to Work 2010 magazine will be published in the Sunday Globe on November 7. Online access to the report can be found at www.boston.com/topworkplaces.
“As the leading dollar sales brand of coffeemakers in the U.S, Keurig understands the significance of employing top talent who are passionate about their work, their colleagues and their communities,” said Michelle Stacy, the president of Keurig. “This honor is particularly rewarding because it is based on feedback from our own people, who are an integral part of what makes our company so successful. Keurig strongly believes that by creating opportunities for our employees to learn, grow, and develop themselves and their careers, exciting things can happen for us both as individuals and as a company.”
The Top Places to Work recognizes the most progressive companies in the state based on employee opinions about company leadership, compensation and training, diversity/inclusion, career development, family-friendly flexibility, and values and ethics. Private companies and nonprofits as well as publicly-held businesses were included in the analysis.
The publisher of The Boston Globe Chris Mayer stated, “Each of the companies included in the Top Places to Work 2010 deserves recognition for creating a positive workplace for their employees. Their accomplishment adds to the vitality of the overall environment of business in Massachusetts.”
Keurig and Green Mountain Coffee Roasters, Inc. have a “whole system” approach to corporate social responsibility, including allocating 5% of pre-tax profits to the community through donations, employee volunteerism, and grants. All Keurig employees are encouraged to use up to 52 hours of volunteer time to give back to organizations in and around the Greater Boston area.
To qualify for the Boston Globe’s Top Places to Work, a company must have more than 100 employees in Massachusetts. Rankings were composite scores calculated purely on the basis of employee responses.
About Keurig, Incorporated® and Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR)
Keurig, Incorporated, a wholly-owned subsidiary of Green Mountain Coffee Roasters, Inc., is a pioneer and leading manufacturer of single-cup brewing systems. Keurig's proprietary brewing system combines a pressurized hot water brewer with multiple varieties of K-Cup® portion packs, which feature a patented design that preserves the freshness of gourmet coffee and tea. Through licensing agreements, Keurig offers more than 200 varieties of premium branded coffees and teas in K-Cups. More than 3 billion cups of Keurig Brewed® coffee and tea have been enjoyed since 1998. For more information, please visit www.keurig.com or call 888-CUP-BREW.
As a leader in the specialty coffee industry, Green Mountain Coffee Roasters, Inc. is recognized for its award-winning coffees, innovative brewing technology, and socially responsible business practices. GMCR’s operations are managed through two business units. The Specialty Coffee business unit produces coffee, tea and hot cocoa from its family of brands, including Tully’s Coffee®, Green Mountain Coffee®, Newman’s Own® Organics coffee and Timothy’s World Coffee®. The Keurig business unit is a pioneer and leading manufacturer of gourmet single-cup brewing systems. K-Cup® portion packs for Keurig® Single-Cup Brewers are produced by a variety of licensed roasters, including Green Mountain Coffee, Tully’s Coffee and Timothy’s. GMCR supports local and global communities by offsetting 100% of its direct greenhouse gas emissions, investing in Fair Trade Certified™ coffee, and donating at least five percent of its pre-tax profits to social and environmental projects. Visit www.gmcr.com for more information.
GMCR routinely posts information that may be of importance to investors in the Investor Relations section of its web site, including news releases and its complete financial statements, as filed with the SEC. GMCR encourages investors to consult this section of its web site regularly for important information and news. Additionally, by subscribing to GMCR’s automatic email news release delivery, individuals can receive news directly from GMCR as it is released.
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