Coca-Cola Consolidated
American beverage bottler
From Wikipedia, the free encyclopedia
Coca-Cola Consolidated, Inc., headquartered in Charlotte, North Carolina, is the largest independent Coca-Cola bottler in the United States.[3]
| |
| Formerly | Coca-Cola Bottling Co. Consolidated |
|---|---|
| Type | Public |
| Industry | Food processing |
| Founded | February 19, 1906, 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$6.90 billion[2] (2024) |
| US$920 million[2] (2024) | |
| US$633 million[2] (2024) | |
| Total assets | US$5.31 billion[2] (2024) |
| Total equity |  US$1.42 billion[2] (2024) |
Number of employees | 17,000[2] (2024) |
| Website | www |
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]
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.[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]
The company describes its purpose as "to honor God in all we do, to serve others, to pursue excellence, and to grow profitably."[8]
Financials
On November 5, 2025 it was announced that Coca-Cola Consolidated had repurchased all outstanding stock held by The Coca-Cola Company. The transaction was funded with a 364-day, $1.2 billion loan from Wells Fargo. The Coca-Cola Company also relinquished its seat on the Coca-Cola Consolidated Board of Directors.[9]
Tax Incentives
In June 2018, Kentucky governor Matt Bevin announced tax incentives of $3.5 million for Consolidated to expand in Erlanger.[10] The incentives were part of a deal for Consolidated expansion in the area.[11]
Worker strike
The company, some of locales of which are unionized by the Teamsters, has seen strike initiatives.[12]
Community involvement
Coca-Cola Consolidated sponsors local events and many community organizations, including the YMCA.[13] 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.[14] Following the October 2015 North American storm complex Consolidated donated bottled water to flood victims.[15] It also supports public school teachers in Arkansas.[16]