Coca-Cola to develop own juice business in China
Published: 25 Jun 2009 19:07:10 PST
The president said the company has no plans for acquisitions in the juice business and will develop its own business organically through its existing Minute Maid juice brand. The company yesterday also inaugurated a new bottling plant in Urumqi, capital of the Xinjiang Uygur Autonomous Region, just a day after it opened its 37th bottling plant in Jiangxi Province. It has an annual capacity of 200,000 tons. Coca-Cola is also building a plant in the Inner Mongolia Autonomous Region. China is Coca-Cola's third largest market after the U.S. and Mexico. Copyright © 2009 www.chinaknowledge.com |
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