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| - The Tassimo Hot Beverage System is a consumer coffee machine that prepares one-cup servings of espresso, regular coffee, tea, hot chocolate, and various other coffee drinks, notably those including milk such as latte or cappuccino. It was first introduced in France in 2004 and is now also available in Switzerland, Spain, the United Kingdom, Germany, the United States, Canada and Austria. The machines were developed by Kraft Foods Inc.. Originally they were manufactured by Saeco International Group S.p.A. and distributed by Braun, and new versions are now being manufactured by Bosch.
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abstract
| - The Tassimo Hot Beverage System is a consumer coffee machine that prepares one-cup servings of espresso, regular coffee, tea, hot chocolate, and various other coffee drinks, notably those including milk such as latte or cappuccino. It was first introduced in France in 2004 and is now also available in Switzerland, Spain, the United Kingdom, Germany, the United States, Canada and Austria. The machines were developed by Kraft Foods Inc.. Originally they were manufactured by Saeco International Group S.p.A. and distributed by Braun, and new versions are now being manufactured by Bosch. All machines operate with the Tassimo-labeled coffee pod, called T-Discs. The beverages range in price from $0.31 to $1.12 per drink depending on the product. In 2006, Kraft took a $245 million non-cash pre-tax asset impairment charge related to lower utilization of existing manufacturing capacity. In addition, Kraft anticipates cash expenditures of approximately $3 million for the decommissioning of idle production lines. In 2008, P&G/Braun announced they were getting out of the home appliance product line[Sōrs rīkwest], including Tassimo. The new machines are being manufactured by Bosch. At the same time, in August 2008, Kraft announced double-digit growth for the second quarter in a row for its Tassimo coffee T-Disc sales.
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