A company best known for orange juice faces a financial crisis and could be headed for bankruptcy.
Tropicana Brands Group has seen sales and profits go downhill in recent years.
The company was founded in Bradenton, Florida in 1947.
They blame higher prices, competition, and shifting consumer trends.
The company is also facing shortages after hurricanes in Florida.
The Department of Agriculture expects this year’s orange production to be the lowest in 88 years.
Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.
EMEA Tribune is not involved in this news article, it is taken from our partners and or from the News Agencies. Copyright and Credit go to the News Agencies, email news@emeatribune.com Follow our WhatsApp verified Channel
