Coca-Cola officially broke ground on its 45th production facility in China this week as part of a $4 billion investment in the key market.
The $56 million plant in Hebei Province will have a produce up to 250 million unit cases of sparkling and still beverages. Upon completing its construction first phase in 2017, the plant will have four production lines, which will add 100 million unit cases to existing annual production capacity in northern China.
“China is our third-largest market by volume and is critically important to the future growth of our business,” said
In the coming years, The
More on Journey
Coca-ColaCEO: 'We Must Be Bold and Fast'
Coca-ColaJapan's Georgia Coffee is the World’s Highest-Grossing, Ready-to-Drink Coffee Brand
- Hardball HQ: Explore the Bustling Manhattan Offices of MLB Advanced Media
Coca-ColaSparked the Surging Ready-to-Drink Coffee Business in Japan
Coca-ColaLaunches Barrilitos Aguas Frescas, Sets Bar for New Beverage Category