Coca-Cola Consolidated Opens New Central Indiana Distribution and Warehouse Facility

Rhea-AI Summary

The Coca-Cola Consolidated distribution and automated warehouse facility in Whitestown, Indiana, officially opened on April 19, 2021, following a $60 million investment. This 400,000 sq. ft. facility aims to enhance service capacity in central Indiana, distributing over 20 million cases annually. The operation employs over 450 team members and supports enhanced transportation logistics.

Furthermore, the Indianapolis production facility has added a new can production line with an $18 million investment, increasing its production capacity.

Positive

• Opened a new 400,000 sq. ft. distribution facility with a $60 million investment.
• Facility expected to distribute over 20 million cases annually.
• Over 450 jobs created across distribution, sales, and services.
• Increased production capacity at Indianapolis facility due to an $18 million investment.

Negative

• None.

CHARLOTTE, N.C., April 19, 2021 (GLOBE NEWSWIRE) -- The Whitestown Coca-Cola Consolidated distribution and automated warehouse facility has officially opened as of today, Monday, April 19. We have invested approximately $60 million to build this 400,000 sq. foot facility allowing us to better serve our customers in central Indiana and the surrounding region. The Whitestown facility will be able to distribute over 20 million cases each year.

More than 450 teammates in warehouse, distribution, sales, and equipment services roles are working to serve our customers and consumers across the region. The Whitestown facility will also include teammates and vehicles from our transportation subsidiary Red Classic Transit and a new 15,000 sq. foot fleet shop.

“We are excited to continue our journey of growth in the Hoosier state,” said Levi Alexander, Whitestown Operations Manager. “This investment in expanding our distribution capabilities is a long-term commitment to improving how we serve the world’s best brands and flavors to our communities.”

Nearly 200 teammates will continue production operations at our Indianapolis production facility, which has increased capacity due to an over $18 million investment to add a sleek can production line.

B-roll footage of the Whitestown facility is available for download.

About Coca-Cola Consolidated, Inc.
Coca-Cola Consolidated is the largest Coca-Cola bottler in the United States. Our Purpose is to honor God in all we do, serve others, pursue excellence and grow profitably. For over 119 years, we have been deeply committed to the consumers, customers and communities we serve and passionate about the broad portfolio of beverages and services we offer. We make, sell and distribute beverages of The Coca-Cola Company and other partner companies in more than 300 brands and flavors across 14 states and the District of Columbia to over 66 million consumers.

Headquartered in Charlotte, N.C., Coca-Cola Consolidated is traded on the NASDAQ Global Select Market under the symbol “COKE.” More information about the Company is available at www.cokeconsolidated.com. Follow Coca-Cola Consolidated on Facebook, Twitter, Instagram and LinkedIn.

Media Contact:
Kimberly Kuo
Senior Vice President, Public Affairs, Communications and Communities
704-557-4584

Investor Contact:
Scott Anthony
Executive Vice President, Chief Financial Officer
704-557-4633

A PDF accompanying this release is available at: ttp://ml.globenewswire.com/Resource/Download/6c25a666-d3ee-4736-a888-df9fe733030f

FAQ

What is the significance of the new Coca-Cola Consolidated facility in Whitestown, Indiana?

The new facility enhances distribution capabilities, expected to distribute over 20 million cases annually.

How much was invested in the Whitestown Coca-Cola facility?

Approximately $60 million was invested in the construction of the Whitestown facility.

What are the employment opportunities created by the new Coca-Cola facility?

The facility employs over 450 teammates in various roles including warehouse and distribution.

When did the Whitestown Coca-Cola facility officially open?

The facility officially opened on April 19, 2021.

What investment was made to enhance production capacity in Indianapolis?

An $18 million investment was made to add a new can production line in Indianapolis.