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Business

Keurig puts Kold on ice, cancelling at-home soda pop pod machine

Keurig Green Mountain is discontinuing its Kold home soda machine after less than a year on the market and will lay off 130 workers.

Refunds will be issued to anyone who bought one of the $369 machines

Keurig Green Mountain is discontinuing its Kold home soda machine after less than a year on the market and will lay off 130 workers.

The company said Tuesday it's offering customers refunds for the full purchase price. The home soda-making machine debuted last fall to questions about its affordability for the average consumer. The suggested retail price of the bulky countertop units was $369.99, with each soda pod costing more than a dollar - significantly more expensive than buying and storing cans of soda in your fridge.

Keurig said 130 employees are affected, 108 of them in Vermont.

The company, which made its name as a maker of single-cup coffee machines, was bought in December for close to $14 billion by an investment group led by JAB Holding Co.