View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
June 22, 2022

Coke Canada Bottling to invest in Lower Mainland operations

The company’s new manufacturing line at its Richmond facility will enable it to use pre-form bottles.

Coca-Cola Canada Bottling (Coke Canada Bottling) is set to invest nearly C$42m ($32.32m) to boost its operations in Canada’s Lower Mainland region.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

The capital investment is intended to address growing customer demand in British Columbia and help the company improve its capability.

Coke Canada Bottling will invest C$24m to add a manufacturing line to its Richmond facility, which would enable the use of pre-form bottles at the plant.

Scheduled to become operational next year, the new line will increase the facility’s capacity while reducing its packaging emissions.

The company will also invest C$18m to develop an integrated sales, warehouse and distribution facility in Richmond.

This facility will combine the capabilities of Coke Canada Bottling’s distribution centres in Richmond and Coquitlam.

In addition to providing additional storage capabilities, the facility will streamline the transition of products from production to dispatch. It is expected to open in 2024.

Coke Canada Bottling CEO Todd Parsons said: “We’re guided by our Mission to deliver optimism and create a better future for our customers, consumers and communities.

“By increasing our manufacturing capacity and consolidating our warehouse and distribution operations, we’re ensuring we’re able to grow our business and continue to make, distribute, merchandise and sell British Columbia’s favourite beverages for many years to come.”

Coke Canada Bottling serves nearly 5,000 customers and manufactures, packaging more than 210 stock-keeping units into 18 different packages.

The company has more than 550 employees in Canada’s Lower Mainland region.

In February this year, the Coca-Cola Company announced a commitment to making 25% of the beverage packaging across its brand portfolio reusable by 2030.

To help achieve this, Coca-Cola beverage products will be packaged in refillable or returnable glass or plastic bottles or, alternatively, in refillable containers.

Through this commitment, the Coca-Cola Company aims to expedite its use of reusable packaging worldwide.

Related Companies

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The packaging industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Packaging Gateway