Coca-Cola Bottling Co. Consolidated
Public (NASDAQ: COKE) |
|
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 | $1.43 billion USD (2007) |
$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
In 1902, the company that later became Coca-Cola Bottling Company Consolidated was founded by the current chairman's great-grandfather, J. B. Harrison.[3] That company was merged with other bottlers to form Coca-Cola Bottling Co. Consolidated in 1973.[3] The company was incorporated in 1980,[1] acquired Wometco in 1985,[3] and acquired Sunbelt Coca-Cola in 1991.[3]
Financials
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
CCBCC sponsors local events and many community organizations, including the YMCA.[4]