Private | |
Industry | Beverage |
Founded | c. 1930 |
Headquarters | Ponce, Puerto Rico |
Key people
|
Julio Bravo Soler, General Manager |
Products | coffee |
Website | http://www.caferico.com/ and http://www.yaucono.com/ |
Café Rico is a Puerto Rican corporation that manufactures coffee branded by the same name. The company's headquarters are located at Avenida Las Americas/Route 163 and Calle Comercio/Route 133 in Barrio San Antón in the city of Ponce, Puerto Rico. The company used to be called Cooperativa de Cafeteros (Coffee-growers Cooperative).
Its coffee has been reported to be Puerto Rico's best and its San Carlos Selection is said to have been the Vatican's favorite coffee at one time. The company has the only coffee tasting lab and the only Certified Taster on the Island. The company has a partnership with Yauco Selecto Estate Coffee.
Cooperativa de Cafeteros was founded in the 1930s. Its first administrator was Ramiro L. Colon. It was the first agricultural cooperative union in Puerto Rico. One of its major goals when it was founded was to become a major player in the coffee business by being not just the major grower of Puerto Rican coffee, but also its major manufacturer.
In September 2009, the company closed the 110,000 square feet (10,000 m2) Avenida Las Americas plant for renovations and Puerto Rico Coffee Roasters spent $8 million to reopen it again in December 2010. Today, the Las Americas plant performs some 60% of the company's coffee roasting operations there.
In July 2008, Puerto Rico Coffee Roaster purchased the Café Rico, Café Yaucono, and Café Rioja brands, thus acquiring about 60 percent of Puerto Rico's coffee market.
Today Cafe Rico is the coffee with highest sales in Puerto Rico. It is the only coffee packaged in a vacuum, a technique used to preserve the coffee's aroma. Annual 1965 sales are over $8 million. The company has packaging plants in Ponce and San Juan. It has new corporate headquarters in Barrio Sabanetas in Ponce.
After closing down the 110,000 square feet (10,000 m2) Avenida Las Americas plant in September 2009, Puerto Rico Coffee Roasters spent $8 million and reopened it again in December 2010. Today, the Las Americas plant performs some 60% of the company's coffee roasting operations there.