Coca-Cola Consolidated, the largest Coca-Cola bottler in the US, is investing $55 million to build a new distribution and warehouse facility in Whitestown, Indiana.
With its new 400,000 square-foot facility, Coca Cola Consolidated said it plans to expand its distribution capabilities and continue to drive growth in Indiana.
The new facility will reportedly create 450 positions, with some workers transferring from an Indianapolis plant.
Local news reports have claimed that some operations currently performed in the Indianapolis plant will be partially relocated to the Whitestown facility including distribution, sales, equipment services and warehouse functions.
However, the company said the Indianapolis bottling plant will remain open and manufacturing operations will continue.
In 2017, Coca-Cola Consolidated acquired additional distribution territories and manufacturing facilities in parts of Arkansas, Tennessee and South Carolina from The Coca-Cola Company.
Since the deal, Coca-Cola Consolidated has invested $15 million into the Indianapolis plant however it now needs a separate facility to keep up with demand.
Construction of the new facility will begin this month and is expected to be completed in the spring of 2021.
By: Emma Upshallon
Source: Food Bev Media
McCain Foods has completed the acquisition of Irish plant-based frozen food manufacturer Strong Roots. The acquisition follows McCain and Strong Roots’ strategic partnership, which began in 2021 and resulted from a $55 million investment.
Cargill partners with Voyage Foods to scale up alternatives to cocoa-based products to meet consumers’ indulgence needs. The commercial partnership will also provide food manufacturers with nut spreads produced with no nut or dairy allergens used in the recipe formulation.
L’Occitane International owner Reinold Geiger is reportedly close to taking the company private in a deal with Blackstone. The French skin care company’s filing halted trading of its Hong Kong-listed shares this week. This is the second time in months that the Australian billionaire has attempted a buyout.
