T.C. global coffee company files for bankruptcy

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By WCAX News - bio | email

MONTPELIER, Vt. -

A company that sold a $40 million portion of its coffee business to Green Mountain Coffee Roasters has field for bankruptcy.

The Times Argus reports T.C. Global, which is the parent company for Tully's Coffee Shops, recently announced it's Chapter 11 bankruptcy.

The move doesn't affect the wholesale and online side of Tully's coffee, which are the parts Green Mountain Coffee acquired.

Tully's currently owes more than $346,000 to Green Mountain Coffee. It says it will continue to buy coffee for its retails stores from the Vermont company under their current agreements.

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T.C. global coffee company files for bankruptcy - WCAX.COM Local Vermont News, Weather and Sports-

T.C. global coffee company files for bankruptcy

Local NewsMore>>

List of Vt. road closures due to flooding

List of Vt. road closures due to flooding

Flash floods hit Vermont

Flash floods hit Vermont

Dodge family vows to fight Vt. governor for land

Dodge family vows to fight Vt. governor for land

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What is a tax sale and how does it work?

Police seek suspect in Vt. pharmacy robbery

Police seek suspect in Vt. pharmacy robbery

Vt., NH police pursue man suspected of car theft

Vt., NH police pursue man suspected of car theft

Former NH worker accused of stealing $600,000

Former NH worker accused of stealing $600,000

Dartmouth faces federal complaints over rape allegations

Dartmouth faces federal complaints over rape allegations

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