Coca-Cola Consolidated's $90M Investment in New Facility

Coca-Cola Consolidated Makes $90 Million Commitment

Coca-Cola Consolidated is excited to announce a landmark investment of $90 million dedicated to a brand-new facility located in Columbus. This facility encompasses an impressive 400,000 square feet for distribution and warehousing, alongside two additional buildings focused on equipment repair services and fleet maintenance. The development sits on a 60-acre site within the Rickenbacker Industrial Center.

Enhanced Community Services

The innovative design of the new campus incorporates state-of-the-art sustainability practices and the latest technology to enhance service delivery to customers and the larger Columbus community. According to Sam Meiner, VP of the Mid-West Market Unit at Coca-Cola Consolidated, "This investment in Columbus is a significant step in our journey, demonstrating our commitment to growth and service excellence. We are dedicated to supporting our teammates and expanding our capabilities to bring the best brands and flavors to our communities."

Operational Efficiency and Capacity Expansion

The newly established warehouse is set to manage over 16 million cases per year, translating to an average of 75,000 cases distributed daily. Utilizing Coca-Cola Consolidated's innovative Vertique system, the facility will benefit from improved warehouse productivity, accuracy, and working conditions, enhancing overall operational efficiency. Additionally, the campus features advanced equipment services and a dedicated fleet shop for Red Classic Transit, which is Coca-Cola Consolidated’s transportation subsidiary.

Growing the Workforce and Community Impact

The arrival of this facility also brings significant job opportunities, with the creation of 35 new positions that raise total employment to 360 employees. This workforce expansion includes a diverse range of roles, from on-site management to logistics and transport positions through Red Classic Transit, allowing the company to distribute products efficiently across Ohio, Kentucky, and Indiana.

Investment in Employee Development

Beyond its operational capabilities, the new campus stands out with features designed for employee wellbeing and training. A dedicated on-site Wellness Clinic and an experiential learning center will provide team members with hands-on training opportunities, enhancing their skills and career growth. The facility is equipped with a modern auditorium designed to host larger classes and special events, contributing to a collaborative learning environment.

Commitment to Sustainable Practices

Coca-Cola Consolidated is committed to implementing sustainable practices across its operations. The new facility includes energy-efficient LED lighting, the groundwork for future electric vehicle (EV) charging stations, and comprehensive waste management systems including cardboard and plastic compaction initiatives. The company has also partnered with Atlantic Packaging to ensure the effective recycling of stretch film, further exemplifying its commitment to environmental responsibility.

Coca-Cola Consolidated's Broader Impact in Ohio

In addition to its significant footprint in Columbus, Coca-Cola Consolidated is a prominent employer across Ohio, currently employing over 2,210 individuals across 15 facilities statewide, which includes two manufacturing plants in Cincinnati and Twinsburg. The company not only supports local economies but actively engages with non-profit organizations such as Ronald McDonald House and Nationwide Children’s Hospital, reflecting its commitment to community service.

About Coca-Cola Consolidated, Inc.

Headquartered in Charlotte, Coca-Cola Consolidated (NASDAQ: COKE) proudly stands as the largest bottler of Coca-Cola products in the United States. The company is dedicated to producing, selling, and distributing over 300 brands and flavors of beverages across 14 states and the District of Columbia, reaching approximately 60 million consumers.

For over 123 years, Coca-Cola Consolidated has strived to meet the needs of its consumers, customers, and communities while passionately offering a diverse portfolio of beverages and services. The company's overarching Purpose emphasizes honoring God, serving others, pursuing excellence, and achieving profitable growth.

Frequently Asked Questions

What is the total investment Coca-Cola Consolidated is making in Columbus?

The company is investing a total of $90 million into the new facility.

What features will the new facility include?

The facility will feature a distribution center, equipment services hub, ongoing training locations, and wellness facilities.

How many jobs will the investment create?

The investment will create 35 new jobs, increasing total employment in the area to 360.

Where does Coca-Cola Consolidated operate?

Coca-Cola Consolidated operates in 14 states and the District of Columbia, serving around 60 million consumers.

What sustainability practices are being implemented?

The company is utilizing energy-efficient lighting, establishing EV charging infrastructure, and implementing recycling programs for packaging waste.

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