Bottler Swire Coca-Cola to build plant in US

Core Insights - Swire Coca-Cola is planning to build a new production facility in Colorado Springs, replacing an outdated plant in Denver that has been operational for around 90 years [1][2] - The new facility will represent a capital investment of $475 million and is expected to cover an area of 620,000 square feet, with construction set to begin in 2026 [2][3] - The new plant will enhance Swire Coca-Cola's capacity to meet rising customer demand and support sustainability goals while providing a modern working environment for its workforce [3][4] Company Overview - Swire Coca-Cola operates as a franchise for The Coca-Cola Co. in Greater China, Cambodia, Vietnam, Thailand, Laos, and western states in the US, generating over $3 billion in revenue [1][4] - The company currently employs 170 people at its existing distribution facility in Colorado Springs, which has been described as a strong partner for the new investment [3] - In 2023, Swire Pacific agreed to sell its Swire Coca-Cola unit to its controlling shareholder, John Swire & Sons [4] Leadership Changes - The Coca-Cola Co. has announced the promotion of Henrique Braun to CEO, effective March 31, succeeding James Quincey, who will transition to the role of executive chairman [5]