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GERBER ENTERS VENEZUELAN JOINT VENTURE

 GERBER ENTERS VENEZUELAN JOINT VENTURE
 FREMONT, Mich., Sept. 3 /PRNewswire/ -- Gerber Products Company


(NYSE: GEB) is beginning a joint venture with CORIMON C.A. S.A.C.A. to produce Gerber baby food for the Venezuelan market. Under terms of the agreement, the two companies maintain equal shares in the joint venture.
 CORIMON is a leading Latin American manufacturer of consumer and industrial products based in Caracas, Venezuela. The company recorded sales of $200 million (U.S.) last year.
 "This new venture reflects our strong commitment to grow our Latin American business. CORIMON is an excellent company with knowledge of the market," said Gerber President James T. Smith.
 According to Smith, Gerber previously provided products to the Venezuelan market through a license agreement and through import from the company's Costa Rican operations.
 Gerber is a leading provider of food, clothing, and care products for families with children from birth through age 3. In addition to baby food, Gerber branded products include toys, home safety items, baby care accessories, children's sleepwear and playwear. Gerber sales were $1.3 billion in its fiscal year ended March 31, 1992.
 -0- 9/3/92
 /CONTACT: Steve Poole of Gerber Products Company, 616-928-2744/
 (GEB) CO: Gerber Products Company; CORIMON C.A. S.A.C.A. ST: Michigan IN: FOD SU: JVN


ML -- DE024 -- 6440 09/03/92 12:46 EDT
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Publication:PR Newswire
Date:Sep 3, 1992
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