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| [March 01, 2013] |
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Dr Pepper Snapple Group Renews Dr Pepper Museum Challenge Grant
PLANO, Texas --(Business Wire)--
Dr Pepper Snapple Group (NYSE:DPS) today announced its continued support
of the Dr Pepper Museum's fundraising efforts by offering to match
donations dollar-for-dollar up to $100,000 a year for five years.
Through the Dr Pepper Museum Challenge Grant, DPS and the museum hope to
raise $1 million by the end of 2017.
"The Dr Pepper Museum plays a special role in housing the legacy and
history of Dr Pepper and many other DPS brands," said Tina S. Barry,
executive vice president of corporate affairs for Dr Pepper Snapple
Group. "We are proud of our long-standing support of the museum and all
it does to celebrate the rich heritage of the soft drink industry, and
we are looking forward to this challenge grant helping provide an even
better experience for the thousands of annual visitors."
"The Dr Pepper Museum thrives on the generosity and fundraising efforts
of Dr Pepper fans and soft drink enthusiasts alike," said Jack McKinney,
executive director, Dr Pepper Museum and Free Enterprise Institute. "DPS
has been instrumental in that effort, and we are excited about this
challenge grant and what we hope to accomplish through these
fund-raising efforts over the next five years."
DPS has a long-standing history of supporting the Dr Pepper Museum.
Through its most recent challenge grant, DPS and museum benefactors
together raised more than $1.5 million. A portion of the funds helped
grow the museum's endowment and build a connector between the Artesian
Manufacturing and Bottling Company Building and the museum's East wing.
Additionl funds were used to renovate 10,000 square feet of floor space
in the East wing, adding classrooms, a boardroom and administrative
office space. The transfer of many of the museum's activities to the
East wing has opened up additional exhibit space in the original museum
building.
Dr Pepper was invented in 1885 in Waco, Texas, and is America's oldest
major soft drink. As the historic home of the brand, the Waco museum
plays a special role in helping preserve the history of Dr Pepper and
other soda brands. Originally opened to the public in 1991, the museum
today educates and entertains the general public through the collection,
preservation, interpretation and exhibition of objects relevant to the
history of the soft drink industry. The museum houses more than 100,000
artifacts and attracts more than 60,000 visitors each year.
About Dr Pepper Snapple Group
Dr Pepper Snapple Group (NYSE: DPS) is a leading producer of flavored
beverages in North America and the Caribbean. Our success is fueled by
more than 50 brands that are synonymous with refreshment, fun and
flavor. We have 6 of the top 10 non-cola soft drinks, and 13 of our 14
leading brands are No. 1 or No. 2 in their flavor categories. In
addition to our flagship Dr Pepper and Snapple brands, our portfolio
includes 7UP, A&W, Canada Dry, Clamato, Crush, Hawaiian Punch, Mott's,
Mr & Mrs T mixers, PeƱafiel, Rose's, Schweppes, Squirt and Sunkist soda.
To learn more about our iconic brands and Plano, Texas-based company,
please visit DrPepperSnapple.com.
For our latest news and updates, follow us at Facebook.com/DrPepperSnapple
or Twitter.com/DrPepperSnapple.
About the Dr Pepper Museum
Built in 1906 by architect Milton Scott, the Artesian Manufacturing and
Bottling Company was the first building dedicated to the manufacturing
of Dr Pepper. Creating a Dr Pepper Museum was the vision of a few
devoted enthusiasts of both Dr Pepper and its history. The Artesian
Manufacturing and Bottling Company building became the Dr Pepper Museum
in 1989, opened to the public in 1991, and then evolved to become the Dr
Pepper Museum and Free Enterprise Institute in 1997. Today it is the
museum's largest artifact and a tribute to the imagination and talent
that fueled Dr Pepper's success throughout the years.

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