Ocean Spray Cranberries

By Staff -- Purchasing, 9/2/1999

Ocean Spray Cranberries, based in Lakeville, Mass., announced a $116 million long-term agreement for total energy management services with Enron Energy Services of Houston. Ocean Spray expects to save millions of dollars at its domestic manufacturing and distribution facilities. For the duration of the 10-year agreement, Enron will: provide capital to fund certain infrastructure improvements including upgrading or replacing energy equipment such as boilers and chillers and certain process equipment; review existing energy contracts to ensure the company's rates are optimized, supply natural gas and/or electricity when appropriate, manage energy information, including installation of meters and analytical software; and provide energy-related consulting services, including exploration of co-generation opportunities. Ocean Spray COO Kevin Murphy classifies the deal as "an across-the-board win" for Ocean Spray. "We gain the expertise of one of the world's leading energy companies to help increase our ability to compete in the marketplace. We free up our employees to focus on our own core processes and products. We reduce our impact on the environment through lower fuel and electricity consumption, and we save millions of dollars over the life of the contract."

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