Coca-Cola Consolidated facts for kids
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Formerly
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Coca-Cola Bottling Co. Consolidated |
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| Public | |
| Traded as |
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| Industry | Food processing |
| Founded | February 19, 1906, in North Carolina, U.S. |
| Founder | J.B. Harrison |
| Headquarters | Charlotte, North Carolina, U.S. |
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Area served
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U.S. |
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Key people
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J. Frank Harrison, III (chairman & CEO) |
| Products | Beverages |
| Brands | |
| Revenue |  US$4.324 billion (2017) |
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Operating income
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US$1.54 billion (2017) |
| US$1.212 billion (2016) |
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| Total assets | US$0.901 billion (2015) |
| Total equity | US$0.705 billion (2014) |
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Number of employees
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16,000 (December 31, 2021) |
Coca-Cola Consolidated, Inc. is the biggest independent company that bottles Coca-Cola drinks in the United States. Its main office is in Charlotte, North Carolina.
This company makes, sells, and gives out Coca-Cola products and other drinks. They serve about 65 million people in 14 states across the southeast, midwest, and mid-atlantic parts of the U.S. Coca-Cola Consolidated has 13 factories and 80 places for storing and sending out drinks.
Company History
The company that became Coca-Cola Bottling Co. Consolidated started in 1902. It was founded by J. B. Harrison, who is the great-grandfather of the current chairman. Over time, this company joined with other bottling companies. In 1973, they all came together to form Coca-Cola Bottling Co. Consolidated.
The company officially became a corporation in 1980. They grew even more by buying other companies like Wometco in 1985 and Sunbelt Coca-Cola in 1991. In 2018, the company announced that it would grow a lot in Kentucky.
How the Company Works
The Coca-Cola Company owns about 35% of Coca-Cola Consolidated's common stock. This means they own a part of the company. However, J. Frank Harrison III, who is the chairman and CEO, owns most of the voting power. This means he has a big say in how the company is run.
Helping the Community
Coca-Cola Consolidated cares about the communities it serves. They support many local events and groups, like the YMCA.
Since 2008, the company has worked with the World Wildlife Fund (WWF). They work together to use water wisely and protect water sources. This helps keep rivers and lakes healthy for plants and animals. After a big storm in October 2015, Coca-Cola Consolidated gave bottled water to people who were affected by floods. They also help teachers in public schools in Arkansas.
