Malaysia New Home For Coca-Cola Plant
03/17/2010
The expansion results from Coca-Cola's "amicable separation" from longtime bottler Fraser and Neave of Singapore, according to Glenn Jordan, president of Coca-Cola's Pacific Group. The contract, worth $127 million per year, will expire in September 2011. Coca-Cola will use a third of the $302 million investment for an eco-friendly plant in the southern Malaysian state of Negeri Sembilan.
International sales boosted Coca-Cola's fourth quarter profits by 55 percent, the company said last month. Asia accounts for 18 percent of Coca-Cola's global sales, and the company expects Asia to be its biggest driver of growth this decade.
Most Read
-
-
The Future of the Workforce Is a “Better Normal”
Workforce Q4 2020
-
Trends in Office and Industrial Parks
Q4 2020
-
Recruiting and Retaining Today’s Manufacturing Workforce
Workforce Q4 2020
-
Another Look at Rural Economies
Q4 2020
-
Supply Chain Execs Respond as Pandemic Creates E-Commerce Surge
Q4 2020
-
Cold Storage Is Hotter Than Ever
Q4 2020