Coca-Cola System to Invest $1.3 Billion in Chile
The Coca-Cola Company has announced a new five-year system investment of $1.3 billion in Chile from 2012 to 2016, including $200 million recently invested to construct a new Coca-Cola Andina bottling plant in Renca.
The Coca-Cola system’s local investment in Chile will not only be dedicated to infrastructure, equipment, technology and marketing, but also to sustainability initiatives to return water back to nature, reduce the use of energy in production, develop recycling programs and promote physical activity. Indeed, the new Renca plant is the most modern in the Coca-Cola system in Latin America and a model for the Coca-Cola system throughout the world.
Located in the town of Renca, the new Coca-Cola Andina plant covers 243,000 square meters and houses 10 production lines, which can be expanded to 12. Ninety percent of the building materials used in construction of the facility can be recycled at the end of their life cycle. The plant’s design also optimizes the use of water and energy.
Coca-Cola Andina is currently among the 10 largest Coca-Cola bottlers in the world and is the second largest in South America. It began operations in 1946 and today its franchises cover territories in Argentina, Brazil, Chile, and Paraguay, in which it serves approximately 240,000 customers and a population of more than 47 million people. It is also the largest producer of soft drinks in Chile and Argentina, and the second largest in Brazil. It is listed on the Santiago Stock Exchange and on the New York Stock Exchange.
