Nuco2 Revenue and Competitors

NuCO2 is the largest supplier in the U.S. of bulk CO2 systems for carbonating and dispensing fountain beverages. Substantially all of NuCO2's revenues are derived from the rental of bulk CO2 systems installed at customers' sites, which currently number approximately 70,000. NuCO2 Inc. is a pioneer in the use of and the nation's leading supplier of bulk CO2 systems for carbonating and dispensing fountain beverages. Bulk CO2 involves use of a cryogenic vessel delivered to a customer's site, which preserves CO2 in its liquid form and then converts the liquid product to gaseous CO2, the necessary ingredient for beverage carbonation. It is a relatively new technology with clear advantages over high pressure CO2, such as consistent and improved beverage quality, increased product yields, reduced employee handling and storage requirements, greater productivity, elimination of downtime and product waste as well as enhanced safety. Among NuCO2's customers are many of the major national and regional restaurant and convenience store chains, movie theater operators, theme parks, resorts and sports venues.