Southeast Iowa Teamsters at Keurig Dr. Pepper on strike

[Omaha Steve]

Source: KTVO

by Tre Wiggins - KTVO Wed, April 9th 2025 at 7:39 PM
Updated Thu, April 10th 2025 at 8:29 PM

OTTUMWA, Iowa. — Keurig Dr. Pepper in Ottumwa reached out to KTVO Thursday with a statement. It reads as follows:

"We have negotiated in good faith throughout this process and took meaningful steps to address the Union's concerns, including significant wage increases and improvements to health care benefits. Those offers were agreed to and recommended by the Union's bargaining committee three separate times, yet they were later voted down with shifting explanations. We value our team members and their contributions and remain optimistic we can reach an agreement."
We will continue to follow this issue and bring you the developments.

***ORIGINAL STORY***

Over 100 Teamsters went on strike Wednesday at Keurig Dr. Pepper in Ottumwa.

This movement comes after union members rejected the company's most recent contract offer.

Read more: https://ktvo.com/news/local/southeast-iowa-teamsters-at-keurig-dr-pepper-on-strike

---

FULL story & video at link.

[marble falls]

1. Who owns Keureg/Dr Pepper ...

https://drfranchises.com/2023/09/18/who-owns-dr-pepper/

Dr. Pepper has been owned by Keurig Dr. Pepper since 2008. The manufacturing rights for the European, Japanese, and South Korean markets belong to the Coca-Cola Company.

Canada and Oceania markets are led by PepsiCo, and Keurig Dr. Pepper only manufactures Dr. Pepper for the United States market.

They still own the brand but manage the manufacturing only in the US and leave the other markets for Pepsi and Coca-Cola.

The company had various owners over time. Keurig Dr. Pepper is the result of a merger between another former owner of Dr. Pepper and Keurig Green Mountain, the former name of Keurig Dr. Pepper.

Dr. Keurig Pepper is a publicly traded company, which means the company has many shareholders and a variety of owners that manage the decisions.

Holder ............................shares ..................date ........%...........Value in $US

Vanguard Group Inc .....70,578,072..............3-30-23.....5.03%......2,299,433,714
Blackrock Inc ...............68,972,718.............3-30-23.....4.91%......2,247,131,278
Capital International Invest...51,595,718.......3-30-23.....3.68%......1,680,988,586
FMR, LLC .....................50,195,232 ............3-30-23......3.58%.....1,635,360,750
Capital World Investors...40,839,377.............3-30-23......2.91%.....1,330,546,977
Wellington Manag'nt Group ...39,827,389 ......3-30-23......2.84%.....1,297,576,406
State Street Corporation...35,254,781...........3-30-23......2.51%......1,148,600,829
Capital Research Global Invest ..26,428,631...3-30-23......1.88%......861,044,846
Price (T.Rowe) Associates Inc...22,039,562.....3-30-23......1.57%......718,048,970
Boston Partners ..............21,903,716............3-30-23......1.56%......713,623,107



I believe that that 30% holding by the above investors make more than the employees of Keureg/Dr Pepper do, neither do they sow or reap, except to reap what the employees sow.

[et tu]

2. stay union strong while

we still can

[Wonder Why]

3. What the company statement really means:

"We wined and wined the union reps until they signed the agreement while drunk. We don't understand why the low-life rank and file won't go along with our chintzy offer."