Coca-Cola Bottling Co. Consolidated

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Coca-Cola Bottling Company Consolidated
Public
(NASDAQCOKE)
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, and Florida.[1]

Corporate history[edit]

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[edit]

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[edit]

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

References[edit]

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