The new bottling factory, which will be called Cofco Coca-Cola Beverages (Inner Mongolia) Co, involves a total investment of ¥130m and is jointly owned by The Coca-Cola Company and China National Cereals, Oils & Foodstuffs Corp (Cofco) – China’s leading grain, oil and foodstuff import and export group.
The new facility will cover an area of 140,000 square meters and will have an annual handling capacity of 576 million bottles. The new plant will create 1,000 new jobs for local suppliers and distributors.
Coca-Cola plans to invest US$2bn in China for new plant construction, marketing and product R&D during the next three years, according to Douglas A Jackson, president of Coca-Cola’s China Business Unit.
On 25 June, Coca-Cola announced the opening of its 38th bottling plant in Urumqi, capital of the Xinjiang Uygur Autonomous Region, just a day after it opened its 37th bottling plant in Jiangxi Province.
Source: China Daily
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