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Stock impact report

Coca-Cola invests $25M in West Memphis production plant [Yahoo! Finance]

Coca-Cola Consolidated, Inc. (COKE) 
Company Research Source: Yahoo! Finance
Arkansas Gov. Sarah Huckabee Sanders was among the officials who took part in ribbon cutting ceremonies Thursday. “This is a company that understands and values service, not just to their customers and guests, but to the entire region and county they serve,” Huckabee Sanders said. The company showed off its expansion to the governor, along with West Memphis Mayor Marco McClendon and others. The multi-million dollar investment adds more than 25 new hires to the 177 employees already on site. Coca-Cola Consolidated has placed heavy emphasis on what it calls “innovative sustainability processes.” The plant will be “blow molding” its own bottles, taking this piece of plastic and turning it into new bottles, resulting in a savings in transportation costs and an increase in productivity, meaning a big boost in volume from 26 million cases to 29 million cases of product a year. “The line is in full operation and in 2025 we look to add even more volume to this line with a second Show less Read more
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