Coca-Cola Bottling Co. Consolidated

Coca-Cola Bottling Company Consolidated
Public
(NASDAQ: COKE)
Industry beverage
Founded Greensboro, North Carolina (1902)
Headquarters Charlotte, North Carolina, U.S.
Key people
J. Frank Harrison III (Chairman of the Board and CEO)
Products non-alcoholic beverages
Revenue Increase$1.43 billion USD (2007)
Decrease$19.86 million USD (2007)
Number of employees
6800 (February 1, 2008)
Website www.cokeconsolidated.com
Footnotes / references
Source: 2007 Annual Report[1]

Coca-Cola Bottling Company Consolidated, headquartered in Charlotte, North Carolina, is the largest independent Coca-Cola bottler in the United States. It produces, markets, and distributes nonalcoholic beverages–primarily licensed products of The Coca-Cola Company–in North Carolina, South Carolina, and West Virginia, and portions of Alabama, Mississippi, Tennessee, Kentucky, Virginia, Pennsylvania, Georgia, Florida, Maryland, Ohio and the District of Columbia(DC) .[1]

Corporate history

In 1902, the company that later became Coca-Cola Bottling Company Consolidated was founded by the current chairman's great-grandfather, J. B. Harrison.[2] That company was merged with other bottlers to form Coca-Cola Bottling Co. Consolidated in 1973.[2] The company was incorporated in 1980,[1] acquired Wometco in 1985,[2] and acquired Sunbelt Coca-Cola in 1991.[2]

Financials

While the Coca-Cola Company owns approximately 27.2% of the company's stock, the Harrison family beneficially owns shares representing about 91.8% of total shareholder voting power.[1]

Community involvement

CCBCC sponsors local events and many community organizations, including the YMCA.[3]

References

  1. 1 2 3 4 "Coca-Cola Bottling Co. Consolidated (Form 10-K)". 2008-03-13.
  2. 1 2 3 4 "about us". Archived from the original on 2008-06-17. Retrieved 2008-06-28.
  3. "Community Involvement". Retrieved 2010-05-08.
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