Technology

Coca-Cola Co. Plans To Sell 9 Bottling Plants Amid Sluggish Sales Volumes In The United States

The world’s largest soda-manufacturer, Coca-Cola Co., made an announcement Thursday that the company will be selling nine production facilities to three of its largest independent bottlers — Coca-Cola Bottling Co. Consolidated, Coca-Cola Bottling Co. United and Swire Coca-Cola USA. According to The Columbus Dispatch, the bottlers will acquire the plants for $380 million as the company pursues to drop low-margin assets and reduce production costs in the United States.
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