Coca-Cola FEMSA, the world’s biggest Coca-Cola bottler by volume, has announced plans to invest $430 million in a new plant in Tocancipa, Colombia.
The new facility, located in Coca-Cola FEMSA’s industrial facilities in Cundinamarca, is part of a network of seven plants that the bottler has throughout the country. The new facility will reportedly handle 40% less water and non-renewable resources than the firm’s other plants operated in Colombia, and is also claimed to be one of the company’s most modern and innovative plants worldwide.
According to a report in America Retail, the new plant will provide more than 300 direct employment positions.
Headquartered in Mexico, Coca-Cola FEMSA operates more than 60 plants globally. It is predominantly active in Central and South American markets, as well as having a presence in the Philippines.
Source: America Retail