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The Coca-Cola producer and distributor plans to open a $475 million manufacturing plant to meet growth and sustainability goals.
Swire Coca-Cola announced that it will produce more than 230 beverages across 60 brands at its 620,000-square-foot bottling facility in Colorado Springs, Colorado.
Swire Coca-Cola plans to break ground on the facility in 2026. The facility is expected to create 170 jobs and will replace Swire Coca-Cola’s 90-year-old Denver plant.
Headquartered in Utah, Swire Coca-Cola produces, sells and distributes cola and other beverages in 13 western U.S. states.
It plans to pursue LEED Gold certification, a designation that reviews a project’s environmental impact.
“This investment represents our long-term commitment to the region, supporting local jobs, strengthening our production capabilities and ensuring we can continue to produce our large portfolio of beverage brands right here in Colorado,” said Bryan Sink, senior vice president of supply chain at Swire Coca-Cola USA, in a press release.
Swire Coca-Cola initially planned to build this plant near the Denver Airport. The deal ultimately fell through earlier this year due to what executives called “timeline instability,” according to the Denver Business Journal.
To increase profitability, Coca-Cola moved its bottling operations to local and independent operators. In its most recent earnings report, the beverage maker reported a 5% increase in net income to $12.5 billion. Unit case volumes in North America stagnated as growth in water, sports, coffee and tea was offset by declines in Coca-Cola, juice, dairy and plant-based beverages.
