With more than 82 years of presence in the country, The Coca-Cola Company and its partners Bottling −Coca-Cola FEMSA, Coca-Cola Andina, Arca Continental and Reginald Lee– They announced an investment plan superior to US $ 1.4 billion in the next four years to boost its growth in Argentina.
The announcement was completed at a meeting that the leaders of the multinational company maintained with President Javier Milei at Casa Rosada. The president and director of Finance of Coca-Cola Company, John Murphy, and with the president of the company’s Latin American operating unit, Bruno Pietracci.
“We are committed to the future of Argentina. This investment reinforces our local operations and reflects our confidence in the growth potential of the Argentine market and in our key role as the engine of the country’s economy, ”Murphy said after the meeting.
Leonardo García General Manager of Coca-Cola for Argentina and Uruguay, added: “We reaffirm our commitment to the economic development of Argentina, contributing to the Employment creation and al Strengthening of the local industry. We continue working closely with our bottling partners for Promote sustainable growth and long term”.
The disbursement until 2028 will be for Promote production, improve logistics and optimize infrastructure. Capital will be used for the modernization of production equipment and lines with avant -garde technology, the construction and improvement of distribution centers and the renewal of the logistics fleet, as well as digital solutions to improve operational efficiency and sustainability initiatives will be strengthened to optimize the use of resources, the multinational detailed in a statement.
And he added that “this investment is a key component of a comprehensive strategy aimed at Strengthen the production capacity in strategic locations throughout the country guaranteeing modernized and efficient operations ”.
The announcement adds to the recent incorporation of A new returnable packaging line In the Andean Coca-Cola plant In Mendoza, made in November with an investment of US $ 40 million.
“Through this plan, The Coca-Cola system continues to modernize its operations in various regions promoting innovation, expanding its logistics network and generating new employment opportunities throughout the country, ”the company closed.