Cherry blossoms reach peak bloom around late March and early April. But if you want to see shades of pink in Arizona, you don’t have to wait until spring rolls around again. Instead, head to your local convenience store, pick up a can of AriZona iced green tea and admire the aluminum’s vibrant cherry blossom design.“We use packaging and a value story, then a great product inside,” Don Vultaggio, the man primarily responsible for keeping this canned beverage relevant for over 30 years, told CNN. “The first time a person buys us is because of the package. And forever more, they’re buying it because it tastes great.”Since this cool beverage shares our state’s namesake, here’s everything you need to know about AriZona Iced Tea.Who is the owner of AriZona Iced Tea?In 1991, Don Vultaggio abandoned his malt liquor business to pursue bottled iced tea. The seemingly out-of-left-field decision was actually inspired by one of AriZona’s biggest competitors —Snapple. When Vultaggio realized the demand for a refreshing, non-soda beverage was high, he was ready to jump ship a year later.According to TODAY, Vultaggio was estimated to be worth around $3 billion as of June 2024. But Vultaggio’s road to turning his idea of oversized cans of tea into a multi-billion dollar company wasn’t without obstacles.One of his most pu …
See the full article on Arizona’s economic indicators, or, read more Arizona real estate investing news. Take your pick!
