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Coca-Cola Bottling Co. Consolidated
Beverages / Beverage distribution and manufacturing
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Coca-Cola Bottling Co. Consolidated is the largest independent bottler of Coca-Cola products in the United States. The company's history dates back to 1902 when J.B. Harrison, a local Charlotte businessman, secured the rights to bottle Coca-Cola in Charlotte, North Carolina. The company has since expanded its operations and currently serves customers in parts of 14 states stretching from Delaware to Tennessee.
Coca-Cola Consolidated is headquartered in Charlotte, North Carolina and employs over 14,000 people. The company operates 14 manufacturing facilities, 84 distribution centers, and sells products under more than 300 brands, including Coca-Cola, Diet Coke, Sprite, Fanta, and Dasani.
The company is known for its community involvement, sustainability efforts, and commitment to diversity and inclusion. It has received numerous accolades for its corporate responsibility, including being named one of the "100 Best Corporate Citizens" by Corporate Responsibility Magazine and being recognized as a "Best Place to Work for LGBTQ Equality" by the Human Rights Campaign.
In addition to its production and distribution of Coca-Cola products, Coca-Cola Consolidated also offers a variety of other services, including equipment installation and maintenance, product marketing and merchandising, and cold drink equipment and vending machine placement. The company also partners with various organizations and businesses to offer promotional and marketing plans.
Coca-Cola Consolidated is committed to creating value for its shareholders and managing its business in an efficient and sustainable manner. The company's leadership team includes executives with years of experience in the beverage industry, ensuring its continued success and growth.
Overall, Coca-Cola Bottling Co. Consolidated has a strong reputation as a leading bottling company and a reliable partner for the Coca-Cola Company.
Coca-Cola Consolidated is headquartered in Charlotte, North Carolina and employs over 14,000 people. The company operates 14 manufacturing facilities, 84 distribution centers, and sells products under more than 300 brands, including Coca-Cola, Diet Coke, Sprite, Fanta, and Dasani.
The company is known for its community involvement, sustainability efforts, and commitment to diversity and inclusion. It has received numerous accolades for its corporate responsibility, including being named one of the "100 Best Corporate Citizens" by Corporate Responsibility Magazine and being recognized as a "Best Place to Work for LGBTQ Equality" by the Human Rights Campaign.
In addition to its production and distribution of Coca-Cola products, Coca-Cola Consolidated also offers a variety of other services, including equipment installation and maintenance, product marketing and merchandising, and cold drink equipment and vending machine placement. The company also partners with various organizations and businesses to offer promotional and marketing plans.
Coca-Cola Consolidated is committed to creating value for its shareholders and managing its business in an efficient and sustainable manner. The company's leadership team includes executives with years of experience in the beverage industry, ensuring its continued success and growth.
Overall, Coca-Cola Bottling Co. Consolidated has a strong reputation as a leading bottling company and a reliable partner for the Coca-Cola Company.
What is special about the company?
1. History: The Coca-Cola Bottling Co. Consolidated (CCBCC) has a long and rich history, dating back to 1902 when the Minges family opened the first Coca-Cola bottling plant in North Carolina.
2. Largest independent bottler: CCBCC is the largest independent Coca-Cola bottler in the United States. It operates in 14 states and serves over 65 million people.
3. Partnership with The Coca-Cola Company: CCBCC has a strong partnership with The Coca-Cola Company, which allows it to manufacture, market, and distribute Coca-Cola products in its territories.
4. Strong regional presence: With operations in 14 states, CCBCC has a strong regional presence that allows it to cater to the specific needs and preferences of local consumers.
5. Diverse portfolio: CCBCC offers a diverse portfolio of beverages, including not just Coca-Cola products but also other popular brands such as Dr Pepper, Monster Energy, and Fiji Water.
6. Sustainability commitment: The company is committed to sustainability and has implemented various initiatives to reduce its environmental footprint, including using 100% recyclable packaging and investing in renewable energy sources.
7. Commitment to community: CCBCC is dedicated to giving back to the communities in which it operates through various local initiatives, partnerships, and donations.
8. Employee-focused culture: The company has a strong focus on its employees, providing them with opportunities for growth and development, as well as a safe and inclusive work environment.
9. Strong financial performance: CCBCC has consistently delivered strong financial performance, with a track record of revenue and dividend growth.
10. Awards and recognition: CCBCC has received numerous awards and recognition for its achievements in areas such as sustainability, corporate social responsibility, and workplace culture.
2. Largest independent bottler: CCBCC is the largest independent Coca-Cola bottler in the United States. It operates in 14 states and serves over 65 million people.
3. Partnership with The Coca-Cola Company: CCBCC has a strong partnership with The Coca-Cola Company, which allows it to manufacture, market, and distribute Coca-Cola products in its territories.
4. Strong regional presence: With operations in 14 states, CCBCC has a strong regional presence that allows it to cater to the specific needs and preferences of local consumers.
5. Diverse portfolio: CCBCC offers a diverse portfolio of beverages, including not just Coca-Cola products but also other popular brands such as Dr Pepper, Monster Energy, and Fiji Water.
6. Sustainability commitment: The company is committed to sustainability and has implemented various initiatives to reduce its environmental footprint, including using 100% recyclable packaging and investing in renewable energy sources.
7. Commitment to community: CCBCC is dedicated to giving back to the communities in which it operates through various local initiatives, partnerships, and donations.
8. Employee-focused culture: The company has a strong focus on its employees, providing them with opportunities for growth and development, as well as a safe and inclusive work environment.
9. Strong financial performance: CCBCC has consistently delivered strong financial performance, with a track record of revenue and dividend growth.
10. Awards and recognition: CCBCC has received numerous awards and recognition for its achievements in areas such as sustainability, corporate social responsibility, and workplace culture.
What the company's business model?
The Coca-Cola Bottling Co. Consolidated company's business model is primarily based on manufacturing, marketing, and selling a variety of non-alcoholic beverages under the Coca-Cola brand and other licensed brands. They produce and distribute these beverages, along with related products such as syrups, to retail and wholesale customers in their designated territories. The company also provides marketing and advertising support to enhance the sales of their products. Additionally, Coca-Cola Bottling Co. Consolidated also operates retail stores and vending machines to directly sell their products to consumers. The company also focuses on continuously improving their supply chain, distribution systems, and customer service to maintain customer satisfaction and loyalty.
Interesting facts about the company
1. The Coca-Cola Bottling Co. Consolidated (CCBCC) is the largest independent Coca-Cola bottler in the United States. It bottles and distributes Coca-Cola products to almost 71 million people in 14 states.
2. CCBCC was founded in 1902 in Greensboro, North Carolina, by J.B. and Porter York. It was originally called the Greensboro Coca-Cola Bottling Works and only had one truck, making home deliveries of Coca-Cola in glass bottles.
3. In 1933, CCBCC became one of the first bottlers to introduce the 6.5-ounce returnable bottle, which became the standard size for single servings of Coca-Cola.
4. CCBCC was one of the first bottlers to introduce the plastic bottle for Coca-Cola in 1977. The company also pioneered the first 20-ounce plastic bottle in 1987, which quickly became a popular size for on-the-go consumption.
5. CCBCC became a publicly traded company in 1972 and is currently listed on the Nasdaq exchange under the ticker symbol COKE.
6. The company prides itself on its commitment to sustainability and environmental responsibility. In 2018, CCBCC installed the largest private solar panel system in North Carolina at its headquarters, and it also launched a plastic recycling program in partnership with Keep America Beautiful.
7. CCBCC is a top employer in its operating states, with over 13,000 employees. The company also supports local communities through various initiatives, including a scholarship program for employees’ children.
8. CCBCC has a long history of acquiring other bottling companies. In 1975, it acquired seven additional bottling plants in North Carolina. In 2016, the company acquired additional territories in North and South Carolina, Georgia, and Tennessee.
9. The company has faced several legal challenges and controversies over the years. In 2014, CCBCC was sued by the US Equal Employment Opportunity Commission for allegedly discriminating against African American applicants. The company settled the suit for $920,000.
10. Despite being an independent bottler, CCBCC has a strong partnership with The Coca-Cola Company. CCBCC is responsible for around 25% of The Coca-Cola Company’s volume in North America and consistently ranks as the top Coca-Cola bottler in the country.
See Company Due Diligence:
2. CCBCC was founded in 1902 in Greensboro, North Carolina, by J.B. and Porter York. It was originally called the Greensboro Coca-Cola Bottling Works and only had one truck, making home deliveries of Coca-Cola in glass bottles.
3. In 1933, CCBCC became one of the first bottlers to introduce the 6.5-ounce returnable bottle, which became the standard size for single servings of Coca-Cola.
4. CCBCC was one of the first bottlers to introduce the plastic bottle for Coca-Cola in 1977. The company also pioneered the first 20-ounce plastic bottle in 1987, which quickly became a popular size for on-the-go consumption.
5. CCBCC became a publicly traded company in 1972 and is currently listed on the Nasdaq exchange under the ticker symbol COKE.
6. The company prides itself on its commitment to sustainability and environmental responsibility. In 2018, CCBCC installed the largest private solar panel system in North Carolina at its headquarters, and it also launched a plastic recycling program in partnership with Keep America Beautiful.
7. CCBCC is a top employer in its operating states, with over 13,000 employees. The company also supports local communities through various initiatives, including a scholarship program for employees’ children.
8. CCBCC has a long history of acquiring other bottling companies. In 1975, it acquired seven additional bottling plants in North Carolina. In 2016, the company acquired additional territories in North and South Carolina, Georgia, and Tennessee.
9. The company has faced several legal challenges and controversies over the years. In 2014, CCBCC was sued by the US Equal Employment Opportunity Commission for allegedly discriminating against African American applicants. The company settled the suit for $920,000.
10. Despite being an independent bottler, CCBCC has a strong partnership with The Coca-Cola Company. CCBCC is responsible for around 25% of The Coca-Cola Company’s volume in North America and consistently ranks as the top Coca-Cola bottler in the country.
See Company Due Diligence:
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