News

Dunkin' Donuts coffee gets bolder

August 18, 2010

The J.M. Smucker Company has introduced dozens of products to its repertoire, including Dunkin' Donuts' bolder "Dunkin' Turbo" coffee.

The products and promotions were announced to Smucker's 600 shareholders at the its annual meeting Wednesday, according to the Cleveland Plain Dealer. Smuckers is based out of Orrville, Ohio.

About 40 percent of the company's sales are generated from Folgers, Dunkin' Donuts and Millstone packaged coffees. Smuckers is planning to invest $70 million into its coffee business.

Earlier this month, Smuckers announced an increase in the cost of most of its coffee sold in the United States by as much as 9 percent.