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| Formerly | Coca-Cola Bottling Co. Consolidated |
|---|---|
| Company type | Public |
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| Industry | Food processing |
| Founded | February 19, 1906; 118 years ago (1906-02-19), in North Carolina, U.S. |
| Founder | J.B. Harrison |
| Headquarters | Charlotte, North Carolina, U.S. |
Area served | U.S. |
Key people | J. Frank Harrison, III (chairman & CEO) |
| Products | Beverages |
| Brands |
|
| Revenue |  US$4.324 billion[2] (2017) |
| US$1.54 billion[2] (2017) | |
| US$1.212 billion[2] (2016) | |
| Total assets | US$0.901 billion[2] (2015) |
| Total equity | US$0.705 billion[2] (2014) |
Number of employees | 16,000 (December 31, 2021) |
| Website | cokeconsolidated |
Coca-Cola Consolidated, Inc., headquartered in Charlotte, North Carolina, is the largest independent Coca-Cola bottler in the United States.[3]
The company makes, sells and distributes Coca-Cola products along with other beverages, distributing to a market of 65 million people in 14 states.[4] Coca-Cola Consolidated is based in the southeast, midwest, and mid-atlantic portion of the United States. The Company has 13 manufacturing facilities, 80 distribution and warehouses, with corporate offices located in Charlotte, North Carolina.[5]
In 1902, the company that later became Coca-Cola Bottling Company Consolidated was founded by the current chairman's great-grandfather, J. B. Harrison.[6] That company was merged with other bottlers to form Coca-Cola Bottling Co. Consolidated in 1973.[6] The company was incorporated in 1980,[7] acquired Wometco in 1985,[6] and acquired Sunbelt Coca-Cola in 1991.[6]
In 2018, the company announced a major expansion into Kentucky.[8][9][10]
In October 2018, Coca-Cola Bottling Consolidated denied it had discontinued distribution of Tab, though it admitted it had reduced its distribution.[11][12][13]
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As of January 1, 2017, The Coca-Cola Company owns approximately 35% of the Company's total outstanding common stock, representing approximately 5% of the total voting power of the Company's combined Common Stock and Class B Common Stock. J. Frank Harrison III, the Chairman of the Board and the Chief Executive Officer of the Company, owns shares of Common Stock and Class B Common Stock representing approximately 86% of the total voting power of the Company's combined stock and Class B Common Stock.
In June 2018, Kentucky governor Matt Bevin announced tax incentives of $3.5 million for Consolidated to expand in Erlanger.[14] The incentives were part of a deal for Consolidated expansion in the area.[15]
The company, some of which its locales are unionized by the Teamsters, has seen strike initiatives.[16]
Coca-Cola Consolidated sponsors local events and many community organizations, including the YMCA.[17] Since 2008, Coca-Cola Consolidated has partnered with the World Wildlife Fund (WWF) to promote sustainable water policies, including water reuse practices, to protect and restore aquatic diversity.[18] Following the October 2015 North American storm complex Consolidated donated bottled water to flood victims.[19] It also supports public school teachers in Arkansas.[20]
Coca-Cola Bottling Co. Consolidated, the largest independent bottler and distributor of Coca-Cola products in the United States.
Others blamed Coca-Cola Bottling Company Consolidated, the largest independent bottler and distributor of Coca-Cola products in the United States. Devotees of the drink who called customer service in recent weeks said they were told that the bottler had discontinued offering Tab in stores in portions of its 14-state territory, which includes Ohio, Kentucky, Virginia, North Carolina and the District of Columbia. This, the bottler says, is true. "After careful review, we recently removed Tab 12-pack cans from the portfolio of beverages we offer," the company said in a statement.
bottler and distributor Coca-Cola Bottling Company Consolidated admits it's discontinued Tab in stores in parts of its 14-state territory, including Ohio, Kentucky, Virginia, North Carolina and Washington, D.C.
Coca-Cola Bottling Company Consolidated—which is America's largest independent bottler and distributor of Coke products—did admit it has recently changed its Tab distribution. "After careful review, we recently removed Tab 12-pack cans from the portfolio of beverages we offer," the company told the NYT in a statement—a move that could affect Tab drinkers in 14 Eastern states.
Coca-Cola Bottling Co. Consolidated announced its commitment to be a part of the $50 million redevelopment of the old Showcase Cinemas site earlier this year. Coca-Cola Bottling Co. will have its own building. Cincinnati-based developer Al Neyer is constructing the two commercial buildings on 135 acres located just off of I-71/75 and I-275. Coca-Cola Bottling Co.'s move, to a site you can see from I-275, will create more than 430 full-time jobs including positions in distribution, sales and warehouse functions. Company leaders anticipate starting work as soon as possible and expect to open by late summer 2019.
