Coca-Cola, Coca-Cola Enterprises and Coca-Cola Iberian Partners' merger was valued at $5.6bn
To support its growth in France, Coca-Cola Enterprises is to invest in a new production line for cans at its manufacturing site in Grigny, France. This €30m investment will create 20 new jobs at the site.
“With this new investment, Coca-Cola Enterprises reaffirms its commitment to produce in France since 90% of our drinks consumed in France are produced in France”, said Hubert Patricot, european president, Coca-Cola Enterprises. “Our ongoing investments across our five industrial sites support the development of Coca-Cola Enterprises in France and also participate in the economic growth of the regions where we operate.”
“With this new production line at the cutting edge of technology, Coca-Cola Enterprises demonstrates once again its confidence in the potential for industrial development in France. This investment also shows that France continues to attract US investments; Coca-Cola Enterprises is one of 4,500 US companies already present in France, employing more than 450,000 employees, who continue to develop and create jobs”, said Muriel Pénicaud, president of the French Agency for International Investments (IFA).
€217m invested in France since 2009
Coca-Cola has been present in France for more than 90 years and employs 2,600 employees in the country. Its drinks are popular – consumed by 8 out of 10 French households.
As demonstrated by this new investment in Grigny, Coca-Cola Enterprises is committed to produce its drinks closer to its retail customers and is investing directly at the heart of the French economy.
Today, 90% of its drinks consumed in France are produced in France, in one of the company’s five plants: Dunkerque, Clamart, Grigny, Toulouse and Marseille.
Coca-Cola Enterprises has invested €217m between 2009 to 2014 across its five manufacturing sites with a view to expand their production capacity and reduce their environmental footprint.
© FoodBev Media Ltd 2020
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