| FOR IMMEDIATE RELEASE | 27th February 2017 |
DRAPER, UT – Feb. 27, 2017 – Swire Coca-Cola, USA announced today the completion of refranchising from The Coca-Cola Company of territories in Washington, including the acquisition of nine sales and distribution facilities and one production plant in the state. Swire Coca-Cola's operation of the territories commenced Feb. 25.
The agreement builds on Swire Coca-Cola's growing footprint in the United States. The Utah-based company now operates in 13 western states. Prior to this purchase, Swire Coca-Cola had smaller territories in Washington. This deal increases Swire Coca-Cola's workforce by more than 1,000 employees.
"As a native of Washington, I am proud to see our company expand in my home state," said Jack Pelo, President and CEO, Swire Coca-Cola, USA. "We are eager to bring Swire's commitment to excellence to our new customers and communities. This investment means we will continue to grow our employee base and our presence across Washington."
Swire Coca-Cola, USA is a part of the beverages division for Swire Pacific Limited (HKSE: 00019/00087).
About Swire Coca-Cola, USA
At Swire Coca-Cola, USA we proudly create the magical feelings, special times and great taste of America's favorite sparkling, water, juice, tea, sport and energy drinks. Our commitment to excellence guides our actions with our employees, customers and communities. Swire Coca-Cola, USA produces, sells and distributes Coca-Cola and other beverages, including more than 300 brands across 13 states. The company's territory includes parts of Arizona, California, Colorado, Idaho, Kansas, Nebraska, Nevada, New Mexico, Oregon, South Dakota, Washington and Wyoming. With over 6,000 employees and headquarters in Draper, Utah, Swire Coca-Cola, USA is a subsidiary of Swire Pacific Limited (HKSE: 00019/00087) (www.swirepacific.com) as part of its Beverages Division. For more information, visit us at: www.swirecc.com
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