• ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
    • Household Care
    • Health & Beauty
    • Pet Care
    • Tobacco
  • NEWS & INSIGHTS
    • Global News
    • Insights
    • Magazine
  • GICA
  • CONTACT
Latest Tweets
  • Loading tweets...

Follow @@GamaConsumer

  • ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
    • Household Care
    • Health & Beauty
    • Pet Care
    • Tobacco
  • NEWS & INSIGHTS
    • Global News
    • Insights
    • Magazine
  • GICA
  • CONTACT
1 MIN READ

Mexico: Coca Cola to increase investment to over $12 billion

July 21, 2014
-
Latin America, Non-Alcoholic Drinks

The Coca Cola Company plans to invest $8.2 billion over the next 6 years in Mexico, Food Business News reports.

This combined with previous amounts will add up to a total of over $12.4 billion worth of investments during a 10 year period (2010-2020), the company said.

The new investment will be allocated to increased infrastructure and production capacity, new jobs, and developing a product range which includes 70 brands and more than 500 products.

The investment will also be used to implement and develop new technologies, including increasing the recycling capacity at its plants IMER and PetStar.  Coca Cola’s food-grade PET recycling plant PetStar has become the largest bottle to bottle recycling plant in the world by doubling its capacity and now processes 65,000 tons of PET bottles per year.

Mexico Coca Cola president Francisco Crespo said: “Coca-Cola has a long-term business plan and vision, based on our permanent investment commitment”.

He continued: “We, as a system, have been investing an average of $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 integral wellbeing of the population”.

Source: Food Business News

Tags
Coca Cola
← PREVIOUS POST
USA: Birchbox launches first store in New York
NEXT POST →
Germany: Dr. Oetker rumoured to be in talks to acquire Coppenrath & Wiese

Copyright © 2020. Gama. All rights reserved.      Privacy Policy | Legal Notice

 
Mexico: Coca Cola to increase investment to over $12 billion - Gama