UT Knoxville CMST 240 - tervis (18 pages)

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tervis



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tervis

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Pages:
18
School:
University of Tennessee
Course:
Cmst 240 - Business/Profess Commun
Business/Profess Commun Documents

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Tervis Tumbler Co Payal Patel Caroline Stubbs Patrick Kopiwoda Drew Tice What is a Tervis Tumbler An American made cup that harnesses the natural insulating power of air to create a sealed double walled cup Keeps hot drinks hot and cold drinks cold Indestructible lifetime guarantee 6 different sizes customizable History 1946 Detroit engineers Frank Cotter and G Howlett Davis Invented a cup that harnesses the natural insulating power of air to create a sealed double walled tumbler Cotter and Davis Tervis First tumbler was only made in one size now 6 different sizes More History 1950 The Donelly family purchased the Tervis product rights Incorporated The Tervis Tumbler Company in 1967 Manufaturing Manufacturing plant is in North Venice FL Last year they expanded the plant by 40 000 sq ft Now can make up to 130 000 cups a day Production floor Over a hundred office workers handle costumer inquires arrange distribution work on production development and create new designs Plant Floor nine assembly lines put together tumblers of various sizes water bottles and accessories Fill Room Workers slip any one fo the 4 500 different designs between the cup layers Retail Stores Fort Myers Florida Palm Beach Florida Myrtle Beach South Carolina Panama City Beach Florida Key West Florida Charleston South Carolina Gatlinburg Tennessee Branson Missouri Coconut Grove Florida Orange Beach Alabama Brandon Florida Savannah Georgia Frankenmuth Michigan Blowing Rock North Carolina San Antonio Texas Mall of America Ownership Tervis Tumbler Co is a privately owned company Family business owned by the Donelly Family Executives CEO Patrick Redmond CFO Jack Shute COO Wayne Varnadore Revenue 1 year revenue growth rate 44 1 3 year revenue grown rate 45 Revenue cont 2007 30 300 000 2008 39 300 000 2009 48 200 000 2010 74 000 000 2011 2012 102 000 000 147 000 000 Employees Notice Even through recession number of employees not only remained stable it increased Employees cont 2008 2009 2010 2011 2012



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