CRA will manage auctions for Ocean Spray

(File photo of a cranberry harvest: Tom Landers/Globe staff)

CRA International Inc. said it will manage cranberry concentrate auctions for Ocean Spray Cranberries Inc. and its subsidiaries on an Internet-based global trading platform.

Headquartered in Boston, CRA International Inc. provides management, economic, and financial consulting services. Based in Lakeville and Middleborough, Ocean Spray is a cooperative of cranberry and grapefruit growers.

In a press release, CRA International said, "The information website, www.cranberryauction.info, provides concentrate buyers and suppliers with information on future trading events, how they work, what contracts are offered, and how potential bidders can register to participate. Registered buyers will be able to track and observe prices and availability of Ocean Spray's concentrate. Successful bidders will be able to secure supplies and pricing of concentrate for future delivery."

To read CRA International's press release, please click here.
(By Chris Reidy, Globe staff)