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Food & Beverage

Coca-Cola Co. Set to Open Three New Plants In China

November 03, 2010
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The Associated Press reports, Coca-Cola Co. announced that three new bottling plants in China worth a total of $240 million are opening and near completion. CEO Muhtar Kent made the announcement at a plant in Hohhot, Inner Mongolia, that will be the company''s largest production facility in China when it starts production next month. The other two plants are in Luohe in Henan Province and Sanshui, in Guangdong Province. All three will produce Coca-Cola, Sprite, Fanta and Minute Maid; together they offer 2,000 jobs. They are part of the company''s plan to spend $2 billion in three years in China, a key market for the Atlanta soft drink maker.
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