EarthShell, Owings Mills, MD, would provide an exclusive license to Sweetheart, Santa Barbara, CA, for the first $500 million of annual sales of EarthShells sandwich containers, cups, plates and bowls for the N.A. institutional and consumer markets. "Over the past few years, we have [recognized] that market demand for EarthShell products is significant," said Tom Uleau, chief operating officer of Sweetheart. "Product performance has satisfied EarthShell customers during extensive testing and initial commercial supply. Sweetheart intends to procure equipment to accommodate such sales. Leading North American machinery manufacturers have expressed a willingness to build the necessary equipment under contracts that would provide performance and quality guarantees. The purchasing of a guaranteed turnkey manufacturing system from reliable vendors will provide an excellent opportunity to market EarthShell's products," says Uleau. EarthShell is concluding the production of EarthShell sandwich containers in Owings Mills, effective May 17. The production of hinged-lid sandwich containers will be temporarily discontinued until the new equipment lines are available. For more information about Sweetheart Cup, please visit www.Sweetheart.com. For more information about EarthShell, please visit www.earthshell.com.
Sweetheart Cup and EarthShell sign manufacturing and licensing agreement
On May 17, single-use food service disposables makers Sweetheart Cup Co., Inc. and EarthShell Corp. signed a letter of intent naming Sweetheart the primary North American supplier of EarthShell Packaging®.
Apr 30th, 2002