FDBusiness.com

Coca-Cola to Invest $8.2 Billion in Mexico by 2020

 Breaking News
  • Chivas Brothers Opens New Head Office Chivas Brothers, the Scotch whisky business of Pernod Ricard, has opened a new 27,000 sq ft head office in the centre of Glasgow. Jean-Christophe Coutures, chairman and chief executive of Chivas Brothers, says: “We need to keep moving with the times and this is the beginning of a new and exciting chapter for Chivas Brothers [...]...
  • Unilever Achieves 100% Renewable Electricity Across Five Continents Unilever has announced that its factories, offices, R&D facilities, data centres, warehouses and distribution centres across five continents are now powered by 100% renewable grid electricity. As far as possible, Unilever’s transition to renewable electricity has been delivered through supporting the development of local renewable energy markets, with 38% of its grid electricity supplied through [...]...
  • Landmark Court Ruling Opens the Way For Launch of Signum® by Quinn A recent landmark patent ruling has heralded the launch of Signum® by Quinn, a mono PET plastic tray.  The arrival of Signum® by Quinn follows a long and successful patent challenge by Irish plastic packaging manufacturer Quinn Packaging, against patents held by Klöckner Pentaplast and Faerch. In July the Intellectual Property Enterprise Court (IPEC) in [...]...
  • Danish Crown Presents its New Brand Identity Farmer-owned Danish Crown is setting a new direction towards a more sustainable future from farm to fork. A new brand and narrative will make it clearer to customers and consumers that Danish Crown has started this transformation. At the same time, Tulip Food Company is to change its name to Danish Crown Foods. Danish Crown plans [...]...
  • Lantmännen and Yara Lead the Way Towards World’s First Fossil Free Food Chain Lantmännen, the Nordic region’s leader in agriculture, machinery, bioenergy and food products, and Yara, thespecialist in agricultural products and environmental protection agents, are taking a pioneering role in the transformation of the food system. The partners will launch a pilot project with the ambition to introduce the world’s first certified fossil free food chain. This move [...]...

Coca-Cola to Invest $8.2 Billion in Mexico by 2020

Coca-Cola to Invest $8.2 Billion in Mexico by 2020
July 22
09:57 2014

The Coca-Cola Company and its bottling partners in Mexico are making a joint, six-year investment of $8.2 billion. The investment, which will be made from 2014 to 2020, will boost Coke’s infrastructure and production capacity in Mexico, create more jobs and drive innovation to continue expanding the beverage portfolio. This investment also will help develop new environmentally sustainable technologies and expand various social and community projects, with a special focus on promoting physical activity and well-being. It will bring the Coca-Cola system’s total investment this decade to more than $12.4 billion.

Francisco Crespo, president of Coca-Cola Mexico, says: “Coca-Cola has a long-term business plan and vision, based on our permanent investment commitment. We, as a system, have been investing an average of US$1 billion every year for the past 10 years, and we are reaffirming this commitment until 2020. This investment is our way of promoting economic growth and the sustainable development of the country, while we continue to support the creation of strategies to promote the integral well-being of the population.”

Coca-Cola, which has operated in Mexico for 88 years, is one of the country’s largest employers, generating more than 90,000 direct jobs and 800,000 indirect jobs.

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements