Coca-Cola Consolidated Announces $55M Facility

Coca-Cola Consolidated Announces $55M Facility

Coca-Cola Consolidated, Inc. (NASDAQ:COKE) announced it will invest $55 million in a new distribution and automated warehouse facility in Whitestown, IN. Construction begins in June 2020 and is anticipated to be completed in spring of 2021.

“We are excited to continue our journey of growth in the Hoosier State. Our investment in expanding our distribution capabilities is a long-term commitment to improving how we serve the world’s best brands and flavors to our local customers and communities.”

The new Whitestown facility will result in a partial relocation of some operations currently performed in the Indianapolis facility, which will include the distribution, sales, equipment services, and warehouse functions. Manufacturing operations will continue in the Indianapolis facility.

Coca -Cola Consolidated acquired distribution territories and manufacturing facilities in Indiana from The Coca-Cola Company in March of 2017. Since that time, Coca-Cola Consolidated has invested over $15 million in improvements and upgrades in our Indiana territory. Despite our large investment, we have found that there are challenges at our current Indianapolis facility that limit our ability to best meet the needs of customers and consumers in this area. Our new investment in the Whitestown facility will expand our production and distribution capabilities in this region and increase overall operational efficiencies.

Category Business Buzz