Bottling company Swire Coca-Cola is set to build a new production facility in the US.
Swire Coca-Cola has a franchise to manufacture, market and distribute The Coca-Cola Co. products in Greater China, Cambodia, Vietnam, Thailand, Laos and western states in the US.
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The group is constructing a new facility in Colorado Springs to replace a plant in Denver, which dates back around 90 years. Building work on the 620,000-square-feet facility is scheduled to begin in 2026.
In July, Swire Coca-Cola described the York Street operation as the “oldest” Coca-Cola bottling facility in the US and said it had reached the end of its planned life.
In a statement, the Colorado Springs Chamber & Economic Development Corporation (EDC) said the project represents a capital investment of $475m.
Bryan Sink, senior vice president of supply chain at Swire Coca-Cola USA, said: “Colorado Springs has been a great partner for our existing distribution facility where we employ 170 people. The city offers a highly skilled workforce and a strong sense of community – all of which make it an ideal location for this strategic investment.”
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By GlobalDataAccording to the statement, the new plant will give Swire Coca-Cola the capacity to provide its workforce with a “modern working environment, meet rising customer demand and advance its sustainability goals”.
Once operational, the Colorado Springs facility is expected to manufacture products sold under more than 60 brands, including sparkling soft drinks, teas and juices.
Headquartered in Utah Swire Coca-Cola’s US arm generates more than $3bn in revenue and and distributes products across 13 western US states.
In 2023, Swire Pacific struck a deal to offload Swire Coca-Cola unit to its controlling shareholder John Swire & Sons.
Last week, The Coca-Cola Co. announced it had promoted chief operating officer Henrique Braun to the position of CEO.
Braun will assume the new role on 31 March, succeeding James Quincey, who, after almost nine years as CEO, will become the drinks giant’s executive chairman.
